US STOCKS SNAPSHOT-Wall St hits new highs on bank earnings, economic optimism

By Kitco News / January 12, 2018 / www.kitco.com / Article Link

NEW YORK, Jan 12 (Reuters) - Wall Street continued its rally on Friday with record closing highs as fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.

The Dow Jones Industrial Average rose 228.46 points, or 0.89 percent, to 25,803.19, the S&P 500 gained 18.67 points, or 0.67 percent, to 2,786.23 and the Nasdaq Composite added 49.29 points, or 0.68 percent, to 7,261.06.


(Reporting by Sinead Carew; Editing by Nick Zieminski)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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