WALLSTREET CONTINUES GAINS IN POST ELECTION RALLY
Wall Street posted new highs as major U.S. stock indexes climbed again on Thursday and set fresh record highs as a month-long rally following the presidential election of Donald Trump rolled on.Investors have driven up equities since Trump's Nov. 8 election over optimism about domestic economic stimulus and reduced corporate taxes and regulations.Supporting the upbeat sentiment on Thursday was a report that showed the number of Americans filing for unemployment benefits fell from a five-month high last week, pointing to labor market strength that underscored the economy's momentum."This is just a continued melt-up post-election. The path of least resistance has been higher," said Jason Ware, chief investment officer with Albion Financial Group in Salt Lake City, Utah. The Dow Jones industrial average .DJI rose 65.19 points, or 0.33 percent, to 19,614.81, the S&P 500 .SPX gained 4.84 points, or 0.22 percent, to 2,246.19 and the Nasdaq Composite .IXIC added 23.59 points, or 0.44 percent, to 5,417.36.