USA stock market opens with records


All three major indices finished at new all-time peaks for the fourth straight session, with the Dow Jones Industrial Average gaining 0.5 percent to 22,775.39.

Encouraging reports on the economy have been helping stocks, and on Thursday they included a stronger-than-expected rebound in US factory orders during August and a drop in the number of workers applying for unemployment benefits last week. The small-cap Russell 2000 rose 0.3 percent. Dow futures were flat at 22.607.00 and S&P 500 futures were almost unchanged at 2,536.40, pointing to a slow start for Wall Street.

USA stock index futures were little changed on Thursday as investors took a breather after the main indexes hit record highs for three straight days.

Financials and information technology led advancers in the S&P 500. The index was also on track to complete an eight-day winning streak.

The fall in the three major indexes came after a streak of record-making gains in recent days. Shares rose $9.94, or 5.4 percent, to $194.39.

"The path of least resistance is still higher", he said.

Republicans open to 'bump-stock' gun controls after Las Vegas massacre
The Las Vegas gunman possessed a little-known device called a "bump stock" that was not widely sold - until now. They are capable of shooting about 60 rounds per minute, depending on how fast the trigger can be pulled.

Shares of Netflix (NFLX.O) jumped 5.4 percent after the company raised the monthly subscription fees for two of its three main USA plans by $1 and $2, respectively. The banking sector widely expects Quarles to play a key part in U.S. President Donald Trump's efforts to ease regulations.

On October 5, the S&P 500 opened the day higher and rose to new record highs.

Constellation Brands was close behind after it reported stronger earnings for the latest quarter and raised its forecast for upcoming profit.

Bond yields rose, with the benchmark 10-year U.S. Treasury note yield US10YT=RR last at 2.349 percent versus 2.332 percent late on Wednesday.

Advancing issues outnumbered declining ones on the NYSE by a 1.55-to-1 ratio; on Nasdaq, a 1.63-to-1 ratio favored advancers.