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Stock market logs seventh straight gain as Dow pushes further into record territory

By: The Associated Press

Monday, Mar. 11, 2013 at 3:14 PM | Comments: 0

Traders work in their booth on the floor of the New York Stock Exchange Friday, March 8, 2013. Stocks are opening higher on Wall Street after the government reported a burst of hiring last month that sent the unemployment rate to a four-year low. (AP Photo/Richard Drew)

NEW YORK, N.Y. - Stocks are closing higher on Wall Street for a seventh straight day, pushing the Dow Jones industrial average further into record territory.

The Dow Jones industrial average rose 50 points to 14,447 on Monday. The Dow broke through its all-time high last Tuesday and has set a record every day since then.

The Standard & Poor's 500 index rose 5 points to 1,556. The S&P is now just eight points below its own record.

The Nasdaq composite rose eight points to 3,252.

Rising stocks slightly outnumbered falling ones on the New York Stock Exchange. Volume was lighter than average at 2.9 billion shares.

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