U.S. stocks hit record highs on easing central bank outlook, oil rise
By Dion Rabouin NEW YORK (Reuters) - Wall Street stocks closed at record highs on Monday, boosted by expectations for continued monetary policy easing around the globe and a jump in oil prices to nearly five-week highs on speculation top producers may be open to cutting output. The U.S. S&P 500, Dow and Nasdaq stock indexes all closed at all-time highs. A strong monthly jobs report on Aug. 5 boosted optimism about the U.S. economy, driving all three major indexes to close at record levels la
Read more »