Wednesday 7 December 2016

Markets rise, Dow breaks record again

Markets rose on Tuesday.

The S&P 500 rose 0.3 percent. The Dow Jones Industrial Average rose 0.2 percent to finish at an all-time high for the second consecutive day.

The STOXX Europe 600 rose 1.0 percent as Italy's FTSE MIB surged 4.2 percent.

Earlier in Asia, the Nikkei 225 rose 0.5 percent while the Hang Seng rose 0.8 percent.

The focus is “back to reflation and it’s back to assessing 2017”, said Chris Weston, chief market strategist at IG.

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