wall street finishes at record highs for third consecutive session
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Wall Street finishes at record highs for third consecutive session

Arab Today, arab today

Arab Today, arab today Wall Street finishes at record highs for third consecutive session

Stockera at Wall Street
New York - Arab Today

Wall Street closed at record highs for the third session in a row supported by the financials and industrials sectors. 


Treasury yields rise for 3rd session in a row ahead of Yellen’s comments with the US 10yr treasury yields moving up to a multi-day rise from 2.41% to 2.45% while the Fed fund futures also hardened by 1bp, bringing the likelihood of a March meeting hike at around 25% and the June meeting still at 100% while the US dollar index closed up 0.2% to a three-week high. 


Oil bulls capped again, correction headed for break of 4hr sma? 


In respect of stocks, the Dow Jones Industrial Average climbed by 142.79 points, or 0.7%, to close at a record 20,412.16. the leaders in the mighty Dow were Caterpillar Inc.+2.27% and Goldman Sachs Group Inc. +1.46%. The S&P 500 index finished up by 12.15 points, or 0.5%, to a record 2,328.25. The financials were the main gainers by 1.1% and industrials up by 1%. Meanwhile, the Nasdaq Composite index closed up by 29.83 points, or 0.5%, to a record 5,763.96.

Source :NNA

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