While you were sleeping: Fresh records on Wall St

Wed, 07 Dec 2016

By Margreet Dietz Dec. 8 (BusinessDesk) - Wall Street rose, pushing both the Dow and the S&P 500 to record highs, as optimism about the outlook for the US economy and corporate profits gained traction. “Things were already improving before the election,” Jeremy Zirin, chief equity strategist at UBS Wealth Management Americas, told the Wall Street Journal. “What’s happened since is that many of the pro-growth trends have been exacerbated.” In 1.05pm trading in New York, the Dow Jones Industrial Average climbed 0.7 percent, while the Na...

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