After barreling through a record the day before, the Dow Jones industrial average meandered higher on Wednesday. The DJIA edged up 42.47 points to close at 14,296.24. An encouraging job-market report helped nudge the stock market up and pushed bond prices lower. The question now is, how much longer can it keep climbing?
Hot weather and clearance sales drew Americans into stores in July, giving retailers solid sales gains and helping offset worries about jobs and the economy. Three-quarters of retailers reporting results said they beat expectations.
There's never a dull moment on Wall Street, especially with the holiday season under way. Among the items that will shape this week: Cyber Monday, Nook Tablets falling and doughnuts rising, digital tunes playing and retailers facing the music.