12-08-2016 15:04 via news.yahoo.com

Wall St set to open flat after hitting record highs

Wall Street was set to open little changed on Friday as investors take a breather after all three major indexes closed at record highs for the first time since 1999. Strong department store earnings, coupled with a sharp rise in oil prices and robust labor market data, were major catalysts for Thursday's rally. People are realizing that inflation is low, interest rates are low and central banks are propping the markets and that's what is pushing stocks higher," said John Canally, chief economic
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