EghtesadOnline: Fresh signs of strength in the U.S. labor market reignited the dollar rally and sent U.S. stocks to all-time highs, with the Dow Jones Industrial Average climbing within one point of 20,000. Treasuries tumbled with gold as data bolstered the case for higher interest rates.
EghtesadOnline: U.S. and European shares, the dollar and bond yields all headed lower on Thursday, with traders using the quiet holiday period to book some profits on the heady gains stocks have seen in the final quarter of 2016 and reposition for the year ahead.
EghtesadOnline: U.S. stocks were little changed in muted pre-holiday trading on Wednesday as investors paused, a day after the Nasdaq Composite and the Dow Jones Industrial Average hit record highs.
EghtesadOnline: Asian stocks followed advances in U.S. and European equities as the prospects of faster U.S. economic growth propelled markets toward the close of a turmoil-filled year. Oil extended its advance and the yen climbed.
EghtesadOnline: Gains in financial stocks pushed the Dow to a record high and just 20 points short of 20,000, a level it has never touched.
EghtesadOnline: The dollar hit a 14-year high on Tuesday as the yen fell after the Bank of Japan stuck to its ultra-loose monetary policy and the euro weakened following deadly attacks in Germany and Turkey.
EghtesadOnline: What began as a record-setting streak for U.S. stocks fizzled as the week progressed, with the Dow Jones Industrial Average approaching and ultimately falling short of 20,000, as the biggest driver of the post-election rally declined.
EghtesadOnline: Global stocks advanced, sending the Dow Jones Industrial Average within 50 points of 20,000 on speculation that the Federal Reserve’s expected rate increase is a signal of confidence that the economy is strengthening. The dollar and Treasuries were little changed.
EghtesadOnline: The S&P 500 and the Dow were set to open little changed, while the Nasdaq was on track to open lower on Monday, after the three major indexes registered fresh record highs on Friday.
EghtesadOnline: The Dow Jones industrial average ended at a record closing high on Friday, capping off its best week since 2011 after Donald Trump's unexpected victory in the U.S. presidential election.