All eyes on economic data, G-20, Gulf crisis as stocks hit record high

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LAST week, US stocks rose to near records as threats of economic and military conflict were eclipsed by promises of assistance from the world's largest central banks. Read more at The Business Times.

Key central bankers like Mr Powell have given explicit reassurances to investors of stocks and bonds, saying they are willing to cut interest rates if economic data continued to weaken.LAST week, US stocks rose to near records as threats of economic and military conflict were eclipsed by promises of assistance from the world's largest central banks.

This week, a pause seems likely as investors seek clues from economic data, the Group of 20 meeting in Japan and the US-...

 

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