Wall Street is eyeing a sixth straight day of gains. The S&P and Nasdaq opened at fresh record highs following some better-than-expected earnings from big name retailers and after OPEC extended production cuts. Yahoo Finance's Alexis Christoforous talks about the day's top stories with Yahoo Finance editor-in-chief Andy Serwer, markets reporter Myles Udland and Kevin Nicholson, chief investment strategist at RiverFront Investment Group.
"Equity returns in the last years of a bull market have historically been very strong, making it very painful to sell too early."
Shares of utilities companies are leading gains in the S&P 500 this week, the latest sign that hopes of stronger economic growth under President Donald Trump have moderated.