FOX Business: Capitalism Lives Here
U.S. stocks zigzagged on Monday in quiet holiday trading after Wall Street notched a five-week winning streak last week.
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As of 3:08 p.m. ET, Dow Jones Industrial Average rose 15.2 points, or 0.1%, to 15777, S&P 500 gained 0.76 point, or 0.04%, to 1771 and Nasdaq Composite advanced 2.7 points, or 0.07%, to 3922.
The Dow notched its 34th record close of the year Friday, as the blue-chip average added a fifth week to its winning streak. It's jumped close to 5% over that period as traders continue bidding-up stocks.
Traders said Monday could be a light trading day, with bond markets closed for Veteran's Day in the U.S. The docket of economic data is also empty.
Still, there was corporate news for traders to parse through. Amazon.com (NASDAQ:AMZN) made a deal with the U.S. Postal Service to begin delivering packages in certain cities on Sunday. News Corp. (NASDAQ:NWSA), the former parent of FOX Business, is set to report its quarterly earnings after the closing bell.
In commodities, U.S. crude oil futures fell 40 cents, or 0.42%, to $94.20 a barrel. Wholesale New York Harbor gasoline rose 0.11% to $2.556 a gallon. Gold slid $1.20, or 0.09%, to $1,283 a troy ounce.