While you were sleeping: Dow hits record high

Thu, 10 Nov 2016

By Margreet Dietz Nov. 11 (BusinessDesk) - Wall Street advanced, with the Dow climbing to a record high, while US Treasuries slid, amid bets that US President-elect Donald Trump will spend more and regulate less. “People are going through the possibilities about what Washington looks like today and what Washington can do or not do for them,” John Manley, chief equity strategist for Wells Fargo Funds Management in New York, told Bloomberg. “Corporations feel there’s a less restrictive hand. People may take that as a positive.” In 1.14p...

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