Stocks That Will Push the Dow Jones to 25000

US stocks edge higher as Dow streak persists

Tokyo stocks opened slightly higher on Tuesday, as investor sentiment was bolstered by the Dow Jones Industrial Average closing at a fresh record high overnight for the ninth successive day. The Nasdaq composite rose 32 points, or 0.5 percent, to 6,383.

Fishery, agriculture and forestry, iron and steel and miscellaneous shares comprised those that gained the most in the opening minutes of trade.

Seven of the 11 major S&P sectors were higher, with the financial index's 0.40 percent rise leading the advancers.

Tyson Foods rose 4.94 percent after the No.1 US meat processor reported better-than-expected quarterly profit and sales.

Oil prices edged lower on Monday, sliding away from nine-week highs, as worries lingered over high production from OPEC and the United States. Henry Schein lost 5.1 percent and Microsoft lost 0.6 percent.

Health care and technology companies had some of the biggest declines in early trading Tuesday.

Analysts, on average, expect S&P 500 earnings to have grown 12 percent in the second quarter and they project earnings up 9.3 percent for the September quarter, according to Thomson Reuters I/B/E/S. For example, while the DJIA's historical average six-month return has been a gain of 3.53% with positive returns 65% of the time, the average six-month return following the end of the prior ten streaks was a gain of 4.57% (median: 6.63%) with gains 80% of the time.

Chief market strategist at FBN securities Jeremy Klein told CNBC that Apple's continued success was helping drive the strong earnings.

The Standard & Poor's 500 index was unchanged at 2,476.

The S&P 500 has risen about 11 percent in 2017 despite investors losing confidence in President Donald Trump's ability to legislate his pro-growth agenda of tax cuts and infrastructure spending this year.



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