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US Stocks Gain As Materials Climb But Financials Cool

25 Oct News | Comments

U.S. stocks gained on Monday, boosted by a jump in sales of existing homes and a weekend pledge by global finance officials that calmed fears of a currency war. The Dow Jones Industrial Average rose 45 points, or 0.4%, to 11178, extending three straight weeks of gains. Entering the month’s final week of trading, the Dow is up 3.6% for October, buoyed by hopes that the Federal Reserve will take further steps to stimulate the economy at its meeting next week.

 

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