US Stocks At Record Highs; Dollar Extends Gains

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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 

{Matzav.com}


1 COMMENT

  1. Fake news meant to distract the average ignorant investor. NOW is thee time to put all your money in Bitcoin. Don’t listen to the naysayers. Sell all your stocks and transfer the money into Bitcoins. If necessary, borrow from everyone you know and put even more money in Bitcoin. Tell them you will guarantee them a tremendous return. Anyone that already invested in Bitcoin, has retired already and bought beach homes in Bermuda.

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