Wall Street Opens at Record Highs; Earnings Outlook Trumps Fed Fears; Dow up

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© Reuters.

By Geoffrey Smith 

Investing.com — U.S. stock markets opened the week at new record highs, building on the confidence given by a third-quarter earnings season that for the most part has seen companies continue to churn out cash as the global economic recovery from the pandemic continues.

By 9:45 AM ET (1345 GMT), the was up 157 points, or 0.4%, at 35,977 points, having earlier traded above 36,000 for the first time. The Dow was outperforming the two other main indices, as the and the Nasdaq Compositve notched a gain of only 0.2% each.

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