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Two Rules | Rule #1 Do Not Lose Your Principal | Rule #2 See Rule #1

Stocks closed higher Thursday, with the three major indexes closing at new record highs, amid sharp gains in oil prices and strong quarterly results from retailers. “I think there are two main drivers here. One of them is oil,” said Mariann Montagne, senior investment analyst at Gradient Investments. “The other part is this retail rally.” Thursday also marked the first time since 1999 the Dow, S&P and the Nasdaq posted record closing highs on the same day, according to Bespoke.

Source: All major US stock indexes post record closes; oil rallies