Market Roundup: Favorable Earnings Results in a Positive Week for Equities

With the markets closed Monday for Martin Luther King Jr. Day, they made up during the rest of the week with plenty of action and new all-time highs. Indices landed slightly to the red side on Tuesday. The Dow Jones Industrial Average jumped above 26,000 for the first time before retreating for the session. Energy brands declined amid a dip in oil prices.

Market Roundup: Strong Week for Markets Keeps New Year Momentum High

The S&P 500 Index and NASDAQ composite kicked off the week closing at new record highs on Monday, while the Dow Jones Industrial Average closed fractionally lower for the session. The market moves were mixed on light economic news. From a sector perspective, the Utilities, Energy, and Basic Materials were among the advancers while the Healthcare and Financial sectors lost ground.