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Wall Street surges to new highs; transports set record

Traders work on the floor of the NYSE in New York CityBy Lewis Krauskopf NEW YORK (Reuters) - Wall Street surged on Wednesday, with the Dow industrials and S&P 500 hitting fresh records, as equities continued their march upward after the election of Donald Trump as U.S. president, and a new high for transportation stocks added to the bullish tone. The gains came even as Trump's comments on prescription drug pricing wounded the healthcare sector. U.S. equities have scaled new highs since the election, with investors encouraged by Trump's plans for economic stimulus and to reduce corporate taxes and regulations.


Wall Street, bond prices jump as markets await ECB meeting

Traders work at their desks in front of the German share price index DAX board in FrankfurtNEW YORK (Reuters) - U.S. stocks jumped to record levels and bond prices climbed on Wednesday as investors prepared for the European Central Bank to signal an extension of its bond-buying at its Thursday meeting.


Wall Street jumps with bond prices as markets await ECB meeting

Traders work on the floor of the NYSEBy Sinead Carew NEW YORK (Reuters) - U.S. stocks rose along with bond prices on Wednesday as investors prepared for the European Central Bank to signal an extension of its bond-buying at its Thursday meeting. The euro gained slightly against the dollar as investors also waited for possible indications on when the ECB will begin paring bond purchases under its quantitative easing programme. Prices on longer-dated U.S. Treasuries rose following a large block purchase of 10-year Treasury note futures after disappointing overseas data pushed foreign yields lower. ...


GLOBAL MARKETS-Wall Street, bond prices jump as markets await ECB meeting

U.S. stocks jumped to record levels and bond prices climbed on Wednesday as investors prepared for the European Central Bank to signal an extension of its bond-buying at its Thursday meeting. The euro ...

Wall St. run continues; Dow transports hit record

Traders work on the floor of the NYSENEW YORK (Reuters) - Wall Street surged on Wednesday, with the Dow industrials and S&P 500 hitting fresh records, as equities continued their march upward after the presidential election of Donald Trump and a new high for transportation stocks added to the bullish tone.


GLOBAL MARKETS-Wall Street jumps with bond prices as markets await ECB meeting

U.S. stocks rose along with bond prices on Wednesday as investors prepared for the European Central Bank to signal an extension of its bond-buying at its Thursday meeting. The euro gained slightly against ...

Why You May See More Republicans Buying Houses Next Year

Why You May See More Republicans Buying Houses Next YearThe old saw about real estate holds that it?s all about ?location, location, location.? In 2017, it might be about party affiliation as well. Just as the election of Donald Trump has made it harder to predict what will happen next in the job market or on Wall Street, he?s also shaken up the country?s outlook on housing. A survey from real estate website Trulia, taken just after the election, found that Republicans, who had overwhelmingly been pessimistic about the housing market, had turned optimistic.


Interpublic says U.S. government sought video production data

Interpublic Group of Cos, one of the world's biggest advertising companies, said on Wednesday that the U.S. Justice Department had asked one of its standalone domestic agencies for documents regarding video production practices. It disclosed the request a day after the Wall Street Journal reported that the Justice Department's Antitrust Division was examining whether advertising agencies rigged bids to favor in-house production units, citing people familiar with the matter. "We can confirm that one of our standalone domestic agencies has been contacted by the Department of Justice Antitrust Division for documents regarding video production practices and is cooperating with the government," Interpublic said in a statement.
 
 
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