While you were sleeping: Wall St lingers near records

Thu, 23 Feb 2017

By Margreet Dietz Feb. 24 (BusinessDesk) - Wall Street fluctuated near record highs as investors reassessed valuations, while the US dollar declined. “Optimism is a mile high, but an inch deep,’’ John Manley, chief equity strategist for Wells Fargo Funds Management in New York, told Bloomberg “People are being pulled into this stock market. They’re worried it’s gone up too fast.’’ In 1.09pm trading in New York the Dow Jones Industrial Average rose 0.2 percent. In 12.54pm trading, the Standard & Poor’s 500 Index eked out a 0.02 percent...

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