U.S. stocks edge higher in early trading
NEW YORK (AP) — Stocks edged mostly higher in early trading on Monday, pushing the Dow Jones industrial further into record territory.
The stock market is extending its gains from Friday, when it got a lift from an unexpectedly strong jobs report. Stocks have surged to record levels this year as the Federal Reserve kept up its economic stimulus and earnings at U.S. companies continued to grow.
Bond markets were closed on Monday in observance of the Veterans Day holiday.
In commodities trading, the price of oil rose 48 cents, or 0.5 percent, to $95.09 a barrel. The price of gold fell $2.50, or 0.2 percent, to $1,282.30 an ounce.