US STOCKS-Wall St prosaic after latest Dow, S&P 500 records

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* D.R. Horton advances after earnings

* Veterans Day holiday might quell volume

* Indexes off: Dow 0.14 pct, SP 0.14 pct, Nasdaq 0.24 pct

(Updates to marketplace open)

By Chuck Mikolajczak

NEW YORK, Nov 11 (Reuters) – U.S. bonds were small changed
shortly after a open on Tuesday, as investors paused after the
Dow and SP 500 extended their strain of record closes to a
fourth day.

Both a indexes quickly managed to stand to a fresh
intraday record for a fifth true day on Tuesday. On Monday,
the benchmark SP set a 39th new shutting high for a year,
versus 45 in 2013. The final time a index sealed during a record
high in 4 uninterrupted days was in June, while a last
five-day strain was in May 2013.

The benchmark index has rallied some-more than 9 percent since
hitting a six-month low in October, buoyed by supportive
economic information and plain corporate gain reports. For the
year, a index is adult over 10 percent.

“It’s been harsh higher, a flattering considerable convene off
the bottom,” pronounced Andre Bakhos, handling executive during Janlyn
Capital LLC in Bernardsville, New Jersey.

“We have equity direct driven by a notice of improving
economics and companies’ gain prospects.”

Thomson Reuters information by Monday morning showed that of
448 companies in a SP 500 to news earnings, 74.6 percent
beat expectations, above a 63 percent kick rate given 1994 and
67 percent for a past 4 quarters. Earnings altogether are
expected to grow 10 percent over a year-ago period.

The Dow Jones industrial normal fell 24.66 points,
or 0.14 percent, to 17,589.08, a SP 500 mislaid 2.8
points, or 0.14 percent, to 2,035.46 and a Nasdaq Composite
forsaken 10.94 points, or 0.24 percent, to 4,640.67.

D.R. Horton, a largest U.S. homebuilder, rose 1.4
percent to $23.76 after it reported better-than-expected
quarterly income though gain missed Wall Street expectations.
The PHLX housing index gained 0.6 percent.

There is no vital U.S. mercantile information on a calendar for
Tuesday due to a U.S. Veterans Day holiday, that might also
dampen volume.

U.S.-listed shares of Vodafone jumped 4.8 percent to
$35.60, after a world’s second-biggest mobile user raised
it full-year gain outlook.

Alibaba Group Holding Ltd’s financial services arm
“will really go public,” Executive Chairman Jack Ma pronounced on
Tuesday, eyeing a mainland China inventory for a e-commerce
company’s climax jewel. In addition, a Singles’
Day sales pennyless by a $8 billion mark. But shares mislaid 2.6
percent to $116.

Zynga shares jumped 4.8 percent to $2.60 after
Jefferies lifted a rating on a batch to “buy” from “hold”
with a $4.50 cost target.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

In : Business

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