Dow Sets New Record, Dangdang Jumps on Earningshttp://www.fool.com/investing/general/2013/11/14/dow-sets-new-record-dangdang-jumps-on-earnings.aspx John Divine
November 14, 2013
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.
Today was Janet Yellen's coming out party. The presumed future head of the Federal Reserve spoke before the Senate banking committee today, and Wall Street applauded her comments in support of continuing the central bank's stimulus program. The Dow Jones Industrial Average (INDEX: ^DJI) now sits at fresh all-time highs, having risen four of the last five sessions. The index tacked on 54 points, or 0.4%, Thursday, to end at 15,876.
Home Depot (NYSE: HD) stock ended as the Dow's top gainer, adding 1.7%, to post its third straight day of advances. The consumer services sector outperformed the broader market today, a trend investors have gotten used to recently -- stocks in the sector have surged more than 43% in the last year. Home Depot's quarterly earning