While you were sleeping: Fresh Wall Street records

Mon, 15 Aug 2016

By Margreet Dietz Aug. 16 (BusinessDesk) - Wall Street touched intra-day record highs as equities are still considered the best bet for investors as the US Federal Reserve is seen as keeping its interest rates on hold for now. “Stocks have retained a hot pitch and there’s a lot of demand for equities,” Andrew Brenner, the head of international fixed income for National Alliance Capital Markets, told Bloomberg. “The question is how you make money in a low interest rate environment, and equities might be expensive, but they’re the least di...

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