Dow Jones Continues Record Streak; Gas Prices Continue to Lower

By: CBS News
By: CBS News

The Dow Jones Industrial Average continues its record streak. The index closed at another all-time high after hitting records nearly every day last week.

The Dow jumped 50 points.

The Nasdaq added 8.

Investors shrugged off disappointing data out of China and lawmakers in the U.S. are still struggling to agree on a budget deal.

Gas prices are lower for the first time this year. AAA says the national average for a gallon of regular is 3 dollars 70 cents, that's down a nickel in just the past week.

The New York Stock Exchange says if another disaster like hurricane Sandy strikes again, it plans to stay open electronically. The historic stock exchange would rely entirely on computers if a disaster prevents traders from going to work on its famous trading floor. That would mark the first time the in the exchange's 221-year history that it has been run entirely by computers.


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