Wall Street adds to gains, hits record highs
2017-02-13 15:48:16 GMT (Economies.com)
Wall Street adds to gains, hits record highs

U.S. stock indices rose to record highs on Monday, carrying over the rally of last week, after Wall Street closed at record highs on Friday. 

Geopolitical tensions in the Eurozone and America didn't curb the momentum of stocks today, after drawing support from U.S. president Donald Trump's announcement last week of "phenomenal" corporate tax cuts to come soon.
 
On the other hand, Wall Street drew support from the meeting between Japan's prime minister Shinzo Abe and U.S. president Trump this weekend, at which both sides didn't spare over the issue of weakening the currency and its impact on trade, which was received well by the markets.
 
Markets now await Fed Chair Janet Yellen's testimony ahead of Congress, expected to include some clues on the future of interest rates and monetary policy and how it would go with the new U.S. administration's policies.
 
Standard and Poor's 500 rose 0.51%, or 103.57 points to 20,372.94, while Dow Jones gained 0.41%, or 9.56 points to 2,325.66.
 
Tech-heavy NASDAQ advanced 0.46%, or 26.16 points to 5,760.29.

 
 
 
 SymbolLastChangeChg.%
1.0562
-0.00
-0.17
1.2462
-0.01
-0.73
18.38
0.19
1.04
54.04
-0.34
-0.62
1257.20
7.83
0.63
USD to Arab Currencies
Yemen249.9500
UAE3.6720
Tunisia2.2933
Syria514.9800
Sudan6.3997
Saudi Arabia3.7499
Qatar3.6407
Oman0.3845
Morocco10.1008
Libya1.4263
Lebanon1512.0000
Kuwait0.3050
Jordan0.7075
Iraq1181.0000
Egypt15.7500
Bahrain0.3765
Algeria109.9290