Business

Dow Jones average is back at a record high

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There was no major economic news or blockbuster earnings. But that didn’t stop investors from pushing the Dow to another record high as they awaited the big economic news this week that has yet to come: Thursday’s report on third-quarter economic growth and Friday’s on the October jobs market. The reports could help gauge how long the Fed will keep up its $85 billion a month in bond buying, which has held down interest rates, kept bond yields low, and made stocks attractive to investors. The Dow set its record with Microsoft’s help; its stock rose after analysts said the company’s fortunes should improve once it picks a new chief executive.

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