Investors were in a merry mood today, sending stocks up for their fourth consecutive day of gains and another round of record closes.
The Dow Jones Industrial Average ended up 155 points, or 0.9%, to 17,959. The S&P 500 rose 8 points, or 0.4%, to 2,078, and the Nasdaq climbed 16 points, or 0.3%, to 4,781.
It was another new record close for the Dow, its 35th this year, and the 50th record for the S&P 500—making 2014 the year with the highest number of record closes for that index since 1995.
Finish Line (FINL) and Foot Locker (FL) ended the day in opposite directions. The former fell after it was cut to Neutral at Janney Montgomery Scott, which called the latter oversold, a sentiment echoed by Credit Suisse.
Gilead Sciences (GILD) ended down more than 14%; you can see coverage here and here.
Tesla Motors (TSLA) rose 1.5% following a bullish endorsement from Dougherty & Co.
After the bell, Steelcase (SCS) was dropping nearly 8%. Its third-quarter earnings per share were ahead of expectations, but revenues were light. Fourth-quarter guidance was roughly in-line with expectations.
Chesapeake Energy (CHK) was up 3.2% after it announced that the it is closing its asset sale to Southwestern Energy Co. (SWN) for nearly $5 billion, and its board has authorized a $1 billion share repurchase program.
Shares of Advanced Energy (AEIS) were halted right after the bell; the company announced that it has started to explore strategic alternatives for its Solar Inverter business.
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