15-08-2016 17:31 via news.yahoo.com

Stocks at record highs as oil jumps

Strong economic data, upbeat corporate earnings and low interest rates have stoked appetite for U.S. equities, driving all three major indexes to record highs. "Our sense is that we're still in this Goldilocks period where it's a sweet spot for equities and that will not change probably until the next rate hike," said Mike Bailey, director of research at FBB Capital Partners. Investors are awaiting the minutes of the Federal Reserve's July policy meeting for more clues on when it would raise int
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