U.S. stocks jump to record highs, dollar rises
From reuters.com
Wall Street stocks jumped to record highs on Tuesday on hopes steady U.S. growth will extend equities' stellar run, while a strengthening dollar fueled further losses in oil and gold. U.S. equities have risen the past three weeks with the Standard & Poor's 500 index racking up a 16 percent gain so far this year, due mainly to the sea of cash produced by the Federal Reserve and other major central banks' policies of ultra-low interest rates and asset purchases to stimulate their economies. "The developed economies of the world are all easing aggressively, the money is looking for a home and it's ending up in the stock ...
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