While you were sleeping: Wall St mixed

Thu, 26 Jan 2017

By Margreet Dietz Jan. 27 (BusinessDesk) - Wall Street was mixed, even as the Dow hit a fresh record high, amid disappointing corporate earnings such as from Qualcomm and Caterpillar. The Mexican peso fell after President Pena Nieto cancelled a meeting with his US counterpart, Donald Trump, as tensions between the two countries grew over the latter’s plan to build a border wall. The US dollar strengthened. Even so, its gains may be limited in the months ahead. “Markets were very long dollars heading into year-end and the prevailing...

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