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New York - Wall St. Scales Record Highs On Earnings Optimism, Data

Jan 12, 2018 at 04:05 PM

New York - Wall Street continued its rally on Friday as fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove gains for consumer stocks. All three major indexes were on track for record closing highs for the second day in a row. JPMorgan <JPM.N>, the biggest U.S. lender by assets, said a U.S. tax overhaul would help future profits by...

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