| The U.S. stock market extended its multi-year record rally this week. The S&P 500 enjoyed the consecutive fifth day of gains, the longest rally since June, and hit an all-time high for the 40th time this year, compared to 45 times in 2013. On the other hand, the Dow Jones industrial average climbed for the sixth session in a row.
The recent rally was sparked off by healthy third-quarter earnings, continued job growth, higher-than-expected U.S. GDP growth numbers, improving business conditions, renewed optimism in housing recovery and some upbeat economic indicators. Additionally, low commodity prices, low interest rates, as well as improving sentiments across the globe supported the strength.......................................Full Article: Source
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