While you were sleeping Wall Street rallies to record

Mon, 24 Feb 2014

By Margreet Dietz Feb 25 (BusinessDesk) – Wall Street gained, with the Standard & Poor’s 500 Index rising to a record high, as investors bet that the outlook for economic growth and corporate profits justify valuations. "People are recognising that while some economic data has been muted, there is still a lot of value in the market based on corporate cash positions and multiples," Matthew Keator, partner in the Keator Group, a wealth management firm in Lenox, Massachusetts, told Reuters. Shares of Humana soared, last up 8.7 percent, after th...

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