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Wall Street stocks notch fresh records as dollar gains | Malay Mail

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NEW YORK, Dec 21 — Wall Street stocks streaked to fresh records yesterday, propelled by continued positive sentiment on trade and solid US economic data. Stock markets elsewhere were mixed, while the dollar gained and oil prices slipped on profit taking after six straight gains. “Once you get...

The New York Stock Exchange is seen on Wall Street in New York City, November 4, 2019. — AFP pic

“Once you get to a new high, it doesn’t take much to get to another one,” said Art Hogan, chief market strategist at National Securities, who described investors as “content.” “We don’t expect any significant positive headlines over the next 2 weeks which means that the risk for the dollar is still to the downside although consolidation is the most likely.”Asian equities traded mixed with investors awaiting fresh catalysts to drive business. But with the China-US trade deal agreed and Christmas approaching many are in wind-down mode.

 

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