Global stocks win again with Wall Street to new records – Yahoo News Australia

Global stocks win again with Wall Street to new records – Yahoo News Australia

Wall Street shares hit new highs again on Wednesday as investors continued to ignore poor U.S. economic data amid optimism about coronavirus treatments and vaccines.

The S&P 500 and Nasdaq again ended at record highs, with the tech-rich Nasdaq closing above 12,000 for the first time.

US stocks benefited from what analysts called a “fear of missing out” further gains amid broad investor optimism.

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