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What to Watch If You Want to Profit off of Zimbabwe's Coup

Major Indexes Power to New All-Time Highs, Led by Industrials

The Dow, the Nasdaq and the S&P 500 all powered to new record highs on Friday. The Industrials sector was the best performer on Friday. Shares of Honeywell International Inc. rose about 1% on Friday after reporting better-than-expected sales. Revenue of $10.12 billion edged past estimates of $10.01 billion. Earnings increased to $1.75 a share over the third quarter, up from $1.60 a share a year earlier. The result met consensus. Honeywell reiterated 2017 profit guidance of $7.05 to $7.10 a share. The number of active oil rigs in the U.S. fell in the past week. The Baker Hughes oil rig count declined by seven to 736 in the past week. The overall rig count declined by 15 to 913, its sixth decline in the past seven weeks. U.S. benchmark West Texas Intermediate crude oil prices rose 18 cents, settling at $51.47, on renewed optimism over production cuts. The Organization of Petroleum Exporting Countries' (OPEC) Secretary-General Mohammad Barkindo said on Thursday that global oil demand would likely surpass 100 million barrels per day by 2020 and that inventory overhang has fallen. PayPal Holdings Inc. shares rose about 5% on Friday after the company posted stronger-than-expected third-quarter earnings and lifted its full-year guidance thanks to a surge in mobile payments. PayPal said sales for the three months ended in September rose 21% from the same period a year earlier to $3.24 billion, while adjusted earnings in the period were 46 cents a share. Analysts were looking for sales of $3.18 billion and earnings of 43 cents. Watch More with TheStreet: Jim Cramer Reacts to Chris Long's Salary Donations This Is the One Root Cause of America's Retirement Savings Crisis Congress Offers Hurricane Victims Disaster Tax Relief 6 Apps That Can Help You Manage Your Finances
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