US Markets Hit New Record Ahead Of Holiday

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2019-07-04 HKT 04:57

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  • US stock markets finished at new highs but trading was thin and it was a half session. File photo: AP

    US stock markets finished at new highs but trading was thin and it was a half session. File photo: AP

Wall Street stocks surged to records on Wednesday in a holiday-shortened session as a slew of mixed US economic data appeared to boost the odds of a Federal Reserve interest rate cut.

All three major indices shot to records, with the Dow Jones Industrial Average up 0.7 percent at 26,966.

The S&P 500 gained 0.8 percent to 2,995, while the Nasdaq Composite Index advanced 0.8 percent to 8,170.

Markets closed early in anticipation of Thursday's Independence Day holiday and will reopen on Friday. (AFP)

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