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NEW YORK, United States (AFP) — Wall Street forged higher on Thursday, with Nasdaq hitting a new record while oil stocks shrugged off hurricane worries and economic data suggested another interest rate increase was less likely. And markets were cheered after Treasury Secretary Steven Mnuchin also said he expects to complete a tax reform plan this year, with a substantial reduction in taxes paid by corporations. At the close, the blue-chip Dow Jones Industrial Average […]
HONG KONG, China (AFP) — Asia markets tumbled Friday to end two days of gains as traders digested a host of disappointing corporate results and a fall in United States technology stocks dented optimism. Despite yet another Dow Jones record Thursday, Tokyo, Hong Kong and Shanghai were all down Friday, with sharp falls recorded in Seoul and Sydney. The tech-heavy Nasdaq’s streak of all-time high closes ended Thursday with Apple, Google-parent Alphabet and Netflix shares […]
