US Stocks At Record Highs; Dollar Extends Gains


U.S. stocks climbed to record highs, gold fell and the dollar extended gains as the minutes from the Federal Reserve’s December policy meeting showed officials continued to back gradual interest-rate increases.

The Standard & Poor’s 500 index rose past 2,700 for the first time, while the Nasdaq Composite index and Dow Jones Industrial Average reached all-time highs. An earlier report showed U.S. manufacturing expanded in December at the fastest pace in three months. European stocks rose following a positive session in Asia and bonds gained as the region’s new investment regulations finally took effect.

(c) 2018, Bloomberg · Kailey Leinz 



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