US Stocks Hit Record Highs Amid Perceived De-Escalation of Iran Conflict

Stocks open higher on Wall Street ahead of Ch...

"If the USA ventures to attacking Iran again, definitely proportionate response will be taken in response to that attack", Takht-Ravanchi said, responding to TASS question about Tehran's response to the statement of US President Donald Trump. The United States and China also moved toward an interim deal in their trade war.

Domestic jobs increased by 145,000 last month, below the forecast for a 164,000 rise, the USA government data showed, as the pace of hiring remained more than enough to keep the longest economic expansion in history on track.

"Should the nascent recovery in the global economy continue, further upside in global markets is still possible".

"The main market driver right now is the generally improving macroeconomic backdrop and most other things are a distraction from that overriding theme", Michael Reynolds, investment strategy officer at Glenmede, said by phone.

Bollywood has Deepika Padukone's back as she gets backlash for visiting JNU
Gulzar even shared the first draft of the film with Bhat, and it had a line about her work in the end credits, the lawyer claimed. Wednesday's controversies over "Chhapaaka followed Deepika's visit to Jawaharlal Nehru University (JNU) on Tuesday night".


After a better-than-expected private payrolls report on Wednesday, investors are awaiting Friday's jobs report as well as fourth-quarter reports.

On Wall Street, futures for the benchmark S&P 500 and Dow Jones Industrial Average were up almost 0.3%. Eastern time. If it stays that high, it will surpass its record of 3,257.85 set last week. As of writing, the Dow Jones Industrial Average was unchanged on the day a little below the critical 29,000 mark while the S&P 500 and the Nasdaq Composite were adding 0.18% and 0.24%, respectively. The Nasdaq added 77 points, or 0.8%, to 9,206.

Technology stocks powered to the biggest gains in the S&P 500 and accounted for more than a third of the index's gain.

Treasurys slumped, causing the yield on the 10-year note to climb by 4.7 basis points to 1.87 percent.

Snow squall warning issued for portion of central Pa.
Total snow accumulations of 3 to 6 inches and light ice accumulations of around one-tenth of an inch are possible. A winter weather advisory has been issued for parts of MA with snow expected to start falling late Tuesday night.


In currency trading, the dollar gained to 109.36 yen from Wednesday's 109.08 yen. Microsoft rose 1.3% and Goldman Sachs rose 1.2%.

"Geopolitics become noise to markets until it becomes more serious", said Kit Juckes, a macro strategist at Société Générale.

U.S. stocks hovered near all-time highs on Friday, as easing West Asia tensions and gains in popular technology stocks offset concerns about slower-than-expected December jobs growth in the United States.

Bets that rising geopolitical tensions wouldn't likely disrupt the global oil supply chain helped keep prices lower Wednesday. Benchmark U.S. crude slipped 5 cents to settle at $59.56 a barrel. It fell $2.83 the previous session to $65.44. Bed Bath & Beyond plunged 19.2% after it posted quarterly results that fell well short of analysts' expectations. Kohl's fell 6.5%, the largest loss in the S&P 500, after it reported weaker sales during the 2019 holiday season than in the same period in 2018.

BABY STEPS: Azriel Clary Gets Her Own Place
According to TMZ , Azriel claimed she and Joycelyn had sex when she was a minor, threatening to report her to the cops. The fight comes just days after Azriel told her followers she was moving out of Kelly's condo into her own place.


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