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  • Millions Expected In Pot Taxes Through 2019

    maryjanemoneyEconomic forecasters are predicting that the state's legal recreational marijuana market is expected to bring in about $636 million to state coffers through the middle of 2019. The forecast by the Economic and Revenue Forecast Council showed that just over $25… Read More +

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  • Morrison's HR In 9th Puts M's Past Angels 3-1

    mariners400Logan Morrison hit a three-run homer with two outs in the ninth inning that broke a scoreless tie, and the Seattle Mariners boosted their wild-card hopes with a 3-1 victory over the Los Angeles Angels on Thursday night. With just their third win in nine games, the Mariners pulled within one game of the slumping Oakland Athletics for the second AL wild-card spot.

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Another Record Close for the Dow

b_250_0_16777215_00_images_obgrabber_2013-11_98e47d1142.jpgiStock/Thinkstock (NEW YORK) -- A rally on Wall Street Monday showed no signs of fading. Stocks edged mostly higher, pushing the Dow Jones Industrial Average further into record territory. The Dow rose 21 points on Monday to close at a new high of 15,783. The Nasdaq Composite closed up a fraction of a point at 3,920. The S&P completed the session one point higher at 1,772.

Stock averages have been up for the past five months, a gain of 20 percent so far this year. This could, however, be a volatile week for the markets as investors weigh last week's surprisingly strong monthly jobs report and its affect on Federal Reserve money policy.

Investors this week will be looking for any evidence that consumers are ready to start spending again  before the holiday shopping season, with quarterly earnings reports from Macy's, Wal-Mart, Nordstrom and Kohl's. They've all have cut their outlooks, with consumers still skittish about the economy.

Bond markets were closed for the Veterans Day holiday.

Copyright 2013 ABC News Radio

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