Name: Stock markets rise to fresh highs
Uploaded: 2017-02-16T03:13:03.000Z
Duration: 1 min 9 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

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.

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Stock markets rise to fresh highs

average

slightly

bond

effect