Markets Hit Record Highs Again As Oil Continues To Slide

Following gains in Europe, the major U.S. benchmark indexes maintained their momentum following previous three weeks of gains and started off the week hitting new all-time highs while crude oil prices continued to fall.

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Nymex Crude Oil which had rebounded somewhat on Friday resumed its downward trend settling at $77.40 per barrel down $1.25 or 1.59%.  Gold prices also fell with the precious metal losing $10.00 or 0.85% to settle at $1,159.80 per ounce.

All of the major indexes saw gains on the day with the Dow Jones Industrial Average hitting a new all-time high at 17,613.74 up 39.81 points or 0.23%.  The S&P 500 also hit a new all-time high closing at 2,038.26 up 6.34 points or 0.31%.

The NASDAQ Composite ended the gained 19.09 points to close at 4,651.62 up 0.41%.  The Tech heavy NASDAQ 100 gained 15.45 points or 0.37% to close at 4,175.95.

The Small cap Russell 2000 climbed 6.25 points to close at 1,179.57 up 0.53%.  The Fox 50 gained 0.15% up 2.2 points to close at 1,433.35.