STOCKS HIT RECORD HIGHS: Here's what you need to know

pulse

October 11, 2017 9:06 PM

Stocks hit a new record as traders digested minutes from the Federal Reserve's last meeting and prepared for an earnings season that's set to kick off.

Stocks inched higher to a new record as traders digested minutes from the Federal Reserve's last meeting and prepared for an earnings season that's set to kick off.

First up, the scoreboard:

Dow:
S&P 500:
Nasdaq:
US 10-year yield:
WTI crude oil:

1. Trump took credit for stock-market records again on Wednesday — so we graded his claims. We found that while he's been responsible for some periods of strength, there have been other times when the market has risen due to other factors.

2. The stock market is on the verge of making history. Deutsche Bank points out that the S&P 500 has delivered positive total returns in first nine months of the year, rivaling only 1995.

3. The Fed is worried that it won't achieve its inflation target for a while. O

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