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Dow on track for ninth straight record close

Reuters 

By Sinead Carew(Reuters) - U.S. stocks were slightly higher in afternoon trading on Monday, with the Dow on track to close at a record high for the ninth straight session.While the energy sector was the biggest drag on the S&P 500 due to falling oil prices, this was partly offset by support from consumer stocks such as Wal-Mart Stores . Investors looked into underperforming sectors, including retail, anticipating a lift from in-store back-to-school shopping, according to Rick Meckler, president of LibertyView Capital Management in Jersey City, New Jersey."What you're really seeing is very ...

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First Published: Tue, August 08 2017. 00:52 IST
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