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Stocks kick off November with gains as major indexes attempt to build on records

Tiger Newspress2021-11-01

Stocks kick off November with gains as major indexes attempt to build on records.

Stocks started the first trading day of November off strong on Monday as investors bet on a year-end rally after markets navigated a typically tough seasonal period successfully.

The Dow Jones Industrial Average rose 170 points to a fresh record. The S&P 500 gained 0.3% and also hit an all-time high. The tech-focused Nasdaq Composite added 0.2%.

Shares of Tesla, which became a $1 trillion company last week, continued its gains for the year with shares up more than 2%. Investors have been piling into bets on Tesla options as of late.

Stocks linked to an economic recovery, such as Ford and Occidental Petroleum, were also higher. Ford gained 1% and Occidental Petroleum popped 2.5%.

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  • QSL
    ·2021-11-02
    Like
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  • SPOT_ON
    ·2021-11-02
    Like n follow 
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  • TCX
    ·2021-11-01
    Buy the dip
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  • DarrenyYSM
    ·2021-11-01
    Great
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  • Limhockmeng
    ·2021-11-01
    Wow 
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