NEW YORK (26/10) - MarketWatch - U.S. stocks finished another week of gains with the S&P 500 index at record highs after earnings from large technology companies Microsoft Corp. and Amazon.com Inc. included better-than-expected revenue.'It's a fine stock market if you just look at earnings, interest rates and price-earnings ratios,' said Hugh Johnson, chairman of Hugh Johnson Advisors LLC.
The U.S. economy will be a focus when investors take a look at October numbers slated for release in the first week of November, said Johnson, who adds the market will also face headwinds from 'uncertainty over what is Washington going to decide' in facing budget issues at the end of the year and into early 2014.
The Dow Jones Industrial Average rose 61.07 points, or 0.4%, to 15,570.28. The S&P 500 added 7.7 points, or 0.4%, to 1,759.77. The Nasdaq Composite gained 14.40 points, or 0.4%, to 3,943.36.
http://www.marketwatch.com/story/stocks-up-for-another-week-sp-closes-at-record-2013-10-25
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