The Dow edges up to book its ninth consecutive record high

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"New record highs were registered last week as the flow of earnings continued positive with major corporations offering positive guidance going forward", said Peter Cardillo, chief market economist at First Standard Financial.

Analysts, on average, expect S&P 500 earnings to have grown 12 percent in the second quarter and they project earnings up 9.3 percent for the September quarter, according to Thomson Reuters I/B/E/S.

Markets have been focusing in recent weeks on the possibility of another U.S. interest rate hike this year, with the Fed concerned that the economy and inflation may be too soft.

The S&P 500 has risen about 11 percent in 2017 despite investors losing confidence in President Donald Trump's ability to legislate his pro-growth agenda of tax cuts and infrastructure spending this year.

The Nasdaq Composite was up 13.91 points, or 0.22 percent, at 6,397.68.

The Dow is on track to post gains for the 11th straight session, the blue-chip index's longest streak for consecutive gains since February, driven by a strong quarterly earnings season.

The index is ending up 25.61 points or +0.12%.




Dow members winning at least one percent included Apple, Boeing, Goldman Sachs and Wal-Mart Stores. Rockwell was up 7.98 percent.

Oil prices edged lower on Monday, sliding away from nine-week highs, as worries lingered over high production from OPEC and the United States.

JPMorgan Chase rose 1.1 percent and Texas Instruments rose 1.6 percent.

MyoKardia surged as much as 88.33 percent to a record high after the company's heart drug succeeded in a mid-stage study.

Advancing issues outnumbered decliners on the NYSE by 1,629 to 1,064.

The euro had been buying $1.1810 before the jobs data were released, but quickly fell to $1.1733.

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