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  • February 13th is in the books on Wall Street, and it has been a day of fresh highs across all four major US indicies.

  • The S&P 500, the Dow Jones Industrial Average, NASDAQ Composite, and Russell 2000 all closed at record levels.

  • Telecoms was the only sector of the S&P 500 to end in the red

  • after Verizon announced on Sunday night that it would roll out unlimited data plans across the country

  • in a bid to win back consumers from rivals T-Mobile and Sprint.

  • The move signals a slightly more optimistic mood among investors buoyed by news last week,

  • that president Donald Trump plans to release details of proposed tax cuts soon.

  • Apple shares were a stand-up performer on Monday,

  • closing at a new record high, surpassing it's last record set in February 2015.

  • Oil prices slid despite data last week showing that the much talked about OPEC production cuts have had some effect.

  • In bond markets, US Treasury Yields which move inversely to prices, continue to rise.

  • But analyst warn that it may be short-lived, and prices could go higher from here.

  • And that's the New York Minute.

February 13th is in the books on Wall Street, and it has been a day of fresh highs across all four major US indicies.

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B1 INT UK FinancialTimes record february fresh jones industrial nasdaq

Stock markets rise to fresh highs

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