Dow, S&P close at new highs; Exxon Mobil leads Dow

[Faygo Kid]

Source: Reuters

The Dow and the S&P 500 hit new highs on Friday for a sixth straight week of gains, as investors continued to take cues from Federal Reserve Chair nominee Janet Yellen, who told a Senate Committee it was too early to end the central bank's stimulus.

Shares of Exxon Mobil Corp led the blue chip Dow index higher. They rose 2.2 percent to $95.27 a day after Warren Buffett's Berkshire Hathaway Inc disclosed a new $3.45 billion stake in the second-largest U.S. company by market value, behind only Apple Inc [ID:nL2N0IZ2HD]

Both the S&P and Dow capped a fourth straight day of gains and the S&P 500 finished within two points of 1,800, as investor confidence in the market remained high.

"I think there is a general expectation that the market is going to continue to rally for the rest of the year," said Brad McMillan, chief investment officer for Commonwealth Financial, based in Waltham, Massachusetts. . .

Read more: http://finance.yahoo.com/news/stock-futures-ahead-data-dow-p-set-highs-125737926--sector.html

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Anytime the trickle down benefits from this accumulation of wealth want to begin is OK by me.

Still waiting.

[marybourg]

1. It started hundreds

of years ago, but you have to affirmatively opt in by buying shares of stock, either individually or through a mutual fund, no matter how difficult that may be. If you don't do it, there's no way you'll benefit. And as the Pres. puts it: "It's on you."

[tofuandbeer]

2. joy joy

[Rain Mcloud]

3. How do i get some of this free money?

All i really need would be less than a few seconds worth of the pirates booty.
10 million would start a small business and put a few people to work,improving the local economy.
Oh wait,i forgot about that dreaded dog whistle;Socialism.

[onehandle]

4. I love how the MSM loves to ignore that Apple is the most profitable, most valuable company ever. nt

[ForgoTheConsequence]

5. Ignore it?

Do you want it on the news every night? They already give Apple millions of dollars in free advertising everytime a new product is announced.