Friday 26 January 2018

US stocks hit new records but European stocks fall

The US stock market rally continued on Thursday, with the S&P 500 rising 0.1 percent to another record high.

"The numbers companies are releasing, along with the upbeat views from executives, is helping analysts lift their estimates and that's helping stocks advance," said Mark Luschini, chief investment strategist at Janney.

In contrast, the STOXX Europe 600 fell 0.6 after the European Central Bank said eurozone growth was surprisingly strong.

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