TheStreet Live

The Dow's record-breaking streak was in jeopardy to begin the week. The blue-chip index ended Friday with its eighth record close in a row. Broader markets were under pressure as a selloff in crude oil weighed on the energy sector. United Technologies Corp. was the biggest weight on the Dow, declining on reports it could make a play for Rockwell Collins Inc. United has a market cap of roughly $97 billion, while Rockwell sits at just over $19 billion. Tyson Foods Inc. rose after topping third-quarter estimates and guiding for an in-line full year. Strength in its beef and pork segments led to a nearly 5% increase in sales over its recent quarter. Netflix Inc. announced that it had bought comic book publisher Millarworld, its first acquisition in its history. Millarworld is the company behind popular titles including Kick-Ass and Kingsman. Netflix did not detail the costs of the deal.

A positive jobs report supported market gains through the day and pushed the Dow Jones Industrial Average to end with a perfect week of records. It was the Dow's eighth straight record close. The S&P 500 and Nasdaq also gained. The number of active rigs in the U.S. fell in the past week, according to Baker Hughes data. Rigs drilling for oil fell by one, while gas drilling declined by three. Crude oil settled higher for the session. Blue Apron tumbled this afternoon after announcing plans to close its Jersey City plant in October, a facility that employs 24% of its workforce. Affected employees have the chance to transfer to another Jersey plant. Yelp rocketed higher after a better-than-expected quarter and after selling its Eat24 delivery service to GrubHub. Yelp sold that business for roughly double the price it paid around two years ago.

The U.S. economy added more jobs than anticipated in July, while earnings growth continued to rise as expected. The jobs report inspired slight gains on Wall Street to end the week, putting the Dow Jones Industrial Average on track to close at its eighth straight record. GoPro Inc. rocketed higher after issuing an upbeat outlook for its third quarter. The action camera maker also topped estimates over second quarter with a far narrower loss than anticipated and a 34% increase in sales. Automatic Data Processing Inc. was active after confirming interest from Bill Ackman's Pershing Square. The activist investor seeks control of the company by way of five board seats and a change in CEO. ADP has rebuffed the advances. Weight Watchers International Inc. surged after posting growth in earnings and revenue over its second quarter. The weight loss company also issued solid forecasts "reflecting continued momentum."

The Dow Jones Industrial Average struggled for direction after six straight days of record closes. Should the blue-chip index end higher, that will mark its longest record-breaking streak since mid-February. The tech sector weighed on the rest of markets. Services activity in the U.S. weakened in July to its lowest level in 11 months. However, the measure remained above the 50 level indicative of expansion for its 91st straight month. Factory orders in June rebounded at a slightly faster-than-expected pace. The Commerce Department reported a 3% increase in orders, reversing a 0.8% drop in May. Square Inc. halved its quarterly net loss and increased its outlook for the full year. A second-quarter loss of 4 cents a share beat estimates by a penny, while adjusted revenue surged 41%.

It was another record close for the Dow, its sixth in a row. A positive quarter from Apple sent its shares higher and pushed the Dow to end with slight gains. The blue-chip index surpassed its 22,000 milestone earlier. AMC Entertainment lost a quarter of its value after warning of a loss in its second quarter far wider than consensus. The theater chain said the U.S. film industry suffered a weak second quarter and anticipates a "very challenging" third quarter. Mondelez topped profit estimates over its recent quarter and announced a dividend hike. The company also said long-time CEO Irene Rosenfeld would step down, though continue on as chairman through to March. Garmin rose after adjusted profit and revenue came in higher than expected. The GPS tech company got a boost from fitness products, which offset weakness in its vehicle navigation unit.

An early-morning rally proved short-lived as a sharp decline in materials stocks overshadowed a positive earnings report from Apple Inc. . The Dow reached its never-before-seen 20,000 level earlier. Crude oil prices were in flux even after a decline in domestic inventories. The EIA reported a drop in crude supplies of 1.5 million barrels in the past week. Distillate and gasoline stockpiles also declined. Rio Tinto PLC weighed on the materials sector following a disappointing first half of the year. The mining company earned underlying profit of $3.94 billion over the first half of the year, lower than consensus. Time Warner reported a better-than-expected second quarter thanks to the box-office success of Wonder Woman. The media company expects its merger to AT&T to be completed by year's end.

The Dow entered the new month with a bang. The blue-chip index scored a new record close for its fifth session in a row after hitting an intraday higher earlier in the day. The s and p and Nasdaq were also higher. Sprint Corp. rallied after returning to profit for the first time in three years, surprising analysts looking for a small loss. Sprint's gains boosted the telecom sector. Dow component Verizon Communications Inc. also made strides higher. It was a disappointing July for automakers. Ford Motor Co. , General Motors Co. and Fiat Chrysler Automobiles each reported worse-than-expected sales for the month, largely tied to lower fleet sales. Toyota Motor Corp. was the only automaker to beat estimates. Under Armour Inc. tumbled after cutting its full-year sales growth forecasts. The retailer also announced a restructuring plan involving job cuts that is expected to rack up charges of at least $110 million.

The Dow Jones Industrial Average notched a new record for its fourth day in a row. The blue-chip index also closed out July with its best gains since February. The S&P 500 dipped into the red in the closing minutes. Boeing Co. led the Dow after issuing a positive outlook for sales in India. The aircraft manufacturer expects regional airlines to order up to 2,100 new models over the next two decades, a record forecast for India. Sprint Corp. declined after Charter Communications Inc. said it wasn't interested in buying the company. That follows on from reports last week that Sprint had been in talks with Charter and Comcast. HSBC Holdings PLC was higher after posting stronger-than-expected first-half earnings. Pretax profit rose just over 5% from a year earlier. The bank also launched an additional $2 billion share buyback program.

Stocks were sent in two directions to begin the week with the Dow Jones Industrial Average hitting new highs, the S&P 500 holding near flat and the Nasdaq lower. Boeing Co. gains led the Dow again. Business activity in the Chicago region declined to its lowest level in three months, though held in expansion territory for its seventeenth month. Sentiment declined for the first time after five months of increases. Pending home sales rose in June for the first time in four months and at a faster pace than anticipated. Gains were broad with only the Midwest seeing a small dip. The measure monitors sales in which a contract has been signed but deal not yet closed. Discovery Communications Inc. agreed to acquire Scripps Networks Interactive Inc. in a cash-and-stock deal worth $14.6 billion. However, Discovery shares declined after a disappointing second quarter.

Quarterly disappointments from Starbucks Corp. and Amazon.com Inc. weighed on markets to end the week. The Nasdaq and S&P 500 fell, while the Dow Jones Industrial Average logged another record close with small gains. Crude drilling activity rose in the past week with the number of active rigs rising for their 26th time in 27th weeks. Even so, crude oil held onto gains and settled at its highest level since late May. Wells Fargo slid after admitting it pressured roughly 570,000 customers into auto loan policies that were needed. The bank will pay $80 million in refunds. Mattel Inc. was sharply lower after a slowdown in sales of its iconic Barbie doll contributed to a disappointing quarterly performance. Barbie sales fell 5% over the recent three-month period, the third straight decline in a row.