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Dow Sets Record, Deere to Report this Week

Stock market hits new high but there could be some “profit taking” just around the horizon for Quad City investors

The Dow Industrial Average only edged up slightly Friday, but the 32 point gain was good enough for a new record close.

Our stock analyst, Phil Kassewitz, says he's seen no dramatic changes on the horizon for the Dow.  But he said on "Good Morning Quad Cities" that a trend of selling shares in smaller companies could be an indication that investors are ready to start selling some of their "Blue Chip" stock shares.

Kassewitz said during the live interview that housing and employment figures out this week might swing the markets... and reminds investors that Deere will announce its quarterly profits report on Wednesday.

 

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