US stocks close higher as Dow Jones hits record
Source: AP-Excite
By BERNARD CONDON
NEW YORK (AP) — Stocks wavered between small gains and losses on Thursday to close little changed as traders weighed generally strong earnings reports against the falling fortunes of energy companies.
Indexes rose from the opening of trading following encouraging quarterly results from Wal-Mart Stores and the media giant Viacom, then flitted up and down most of the day. After four weeks of healthy gains for stocks and a series of record daily closes, the tepid trading was not unexpected.
"After a move higher so far, so fast, the market needs a pause," said Quincy Krosby, a market strategist at Prudential Financial. "We need another catalyst to move higher."
All three major U.S. indexes closed higher after a late-afternoon rally. The Dow Jones industrial average rose 40.59 points, or 0.2 percent, to 17,652.79, a record. It was the seventh record close for the blue-chip index in eight trading days.
FULL story at link.
FILE - This May 11, 2007, file photo shows a Wall Street sign near the flag-draped facade of the New York Stock Exchange. Stocks are opening higher Thursday, Nov. 13, 2014, as traders welcome some more positive corporate earnings news. (AP Photo/Richard Drew, File)
Read more: http://apnews.excite.com/article/20141113/financial_markets-70f979a6cf.html
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Didn't this happen because the GOP won the 2014 election. I'm sure that's what "some" AKA Faux Noise are saying. 
