REUTERS: U.S. stock indexes hit record highs on Thursday, with the S&P 500 crossing the 3,300 mark for the first time, as upbeat earnings from Morgan Stanley and a tech rally added to optimism from an initial U.S.-China trade deal.
"Any movement forward from here, at least in the near-term, is going to be driven by earnings. So far, we do see a sort of a positive tone set by the financials." Data from the Commerce Department showed U.S. retail sales rose 0.3per cent in December, in-line with economists' expectations.
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