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The Closing Bell: Wall St. Scales Record Highs On Earnings Optimism, Data
FYI: U.S. stocks advanced on Friday, with major indexes adding to their recent string of records fueled by optimism over the economy and the state of American corporations as the fourth-quarter earnings season began.
The day’s gains were broad, with eight of the 11 primary S&P 500 sectors gaining on the day. Financial stocks were among the biggest gainers, following high-profile results from that group, while energy rose as crude oil traded near a three-year high. However, a sharp decline for Facebook shares cast shadow over an otherwise day Regards, Ted Bloomberg: https://www.bloomberg.com/news/articles/2018-01-11/asia-stocks-tipped-to-end-week-on-a-strong-note-markets-wrap
