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Monday, April 29, 2019

S&P 500 hits record high on upbeat consumer spending, earnings optimism

The S&P 500 hit an all-time high for the first time since late September on Monday, buoyed by upbeat consumer spending data and a largely positive earnings that helped restore investors' faith in the decade-long bull run.


from Reuters: Business News https://reut.rs/2GRYqNr

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf