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Dow Logs 5th Straight Gain

The Dow pulled off its fifth straight gain Monday but volume was some of the lightest this year as many investors took a wait-and-see approach to earnings season, which kicked off with results after the bell from Alcoa.

The Dow Jones Industrial Average rose 18.24, or 0.2 percent, to close at 10,216.27, after gaining 5.3 percent last week in one of the market’s best weeks in nearly a year.

The tech-heavy Nasdaq also rose, while the S&P 500 slipped. The CBOE volatility index, widely considered the best gauge of fear in the market, was around 24.50 at the closing bell.

(Source: CNBC)

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