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Home>UPDATE: Stock market hits records, poised to extend win streak

UPDATE: Stock market hits records, poised to extend win streak

UPDATE: Stock market hits records, poised to extend win streak

10/04/2017

By Victor Reklaitis and Anora M. Gaudiano, MarketWatch

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U.S. stocks advanced modestly on Wednesday, building on the recent streak of gains that's taken all major benchmarks to all-time highs.

What stock benchmarks are doing

The S&P 500 was up by 4 points, or 0.3%, to 2,538, with ten of its 11 main sectors trading higher. Consumer discretionary, consumer staples and health-care shares were leading the gains, while technology stocks were under pressure. The benchmark index is on track for a seventh straight session of gains.

The Dow Jones Industrial Average gained 35 points, or 0.2%, to 22,677, on track to post a sixth consecutive gain. Caterpillar Inc. (CAT) and Nike Inc. (NKE) were leading gains, up about 1%.

The Nasdaq Composite Index , meanwhile, advanced 6 points, or 0.1%, to 6,536, as gains were limited by a slide in shares of iPhone maker Apple Inc. (AAPL).

What could drive markets?

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