The Dow Jones Industrial Average pushed higher on Tuesday, while the Nasdaq hit an all-time high. Markets were fueled by a solid boost in materials stocks and rising oil prices.
With the Nasdaq back at a new record, opportunity awaits for savvy investors. Money Morning Chief Investment Strategist Keith Fitz-Gerald believes that investing in the markets when they sit at such lofty levels can be very profitable.
Dow Jones: 18,547.30; 17.88; 0.10%
Asian stocks consolidated a recent run of gains on Wednesday, helped by Wall Street's rise overnight, even as oil prices slid on trade data showing a surprise build-up in U.S. crude stocks.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.1 percent in early trades. It has risen more than 14 percent since late June to hit a 1-year high last week.
Reference: Reuters