REUTERS: The S&P 500 broke above its intraday record high on Monday, underscoring the view that the bull market has longer to run, after consumer spending rose in March and inflation data was benign.
The Dow Jones Industrial Average rose 10.92 points, or 0.04per cent, to 26,554.25, the S&P 500 gained 3.15 points, or 0.11per cent, to 2,943.03 and the Nasdaq Composite added 15.46 points, or 0.19per cent, to 8,161.85.
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Singapore stocks: STI resumes Monday afternoon at 3,385.33, up 0.85% on daySINGAPORE stocks continued their morning uptick as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.85 per cent or 28.38 points on the day to 3,385.33 as at 1.01pm. Read more at The Business Times.
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Singapore shares soar 1.5% on Monday on strong macroeconomic dataTHE Singapore market, like many others in the region, got a boost to start the week, thanks to positive sentiment on the global economy following strong US first-quarter economic growth, and data on Saturday showing profits at Chinese industrial firms grew for the first time in four months. Read more at The Business Times.
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