S&P financial

Asian Shares Advance, Dollar Supported By March Rate Hike Bets

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Asian shares rose on Thursday as investors were encouraged by President Donald Trump’s measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets on a U. S. rate hike this month buoyed the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.2 percent, led … Read more

Banks, Jobs Data Send Wall Street Higher

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U. S. stocks climbed on Friday, with the S&P 500 closing just short of a record high, boosted by gains in financial shares as President Donald Trump moved ahead with deregulation action and by a strong payrolls report. The S&P financial sector .SPSY jumped 2 percent to score its best day since mid-November after Trump … Read more