While you were sleeping Record dance continues

Tue, 07 May 2013

By Margreet Dietz May 8 (BusinessDesk) - Wall Street climbed to new records, and Germany's DAX too, amid expectations that global central bank support will continue to help underpin corporate profits. Australia's central bank became the latest to lend a hand as it unexpectedly cut its key interest rate to 2.75 percent, from 3 percent, and said it was ready to do more. Investors are betting that will make equities the most attractive place to put their money for some time ahead. In afternoon trading in New York, the Dow Jones Industrial Avera...

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