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2016: The year of the long shots
Published Sun, Dec 18, 2016 · 09:50 PM
IT WAS the week before Christmas and nothing stirred on the stock market, not even a very reachable index milestone.
US stocks finished near records last week as traders bet the US economy could absorb higher interest rates. This week, seasonal patterns of strength may be frustrated by a psychological barrier.
"We are seeing levels of excitement on equities like we haven't seen for yea…
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Capital Markets & Currencies
Asia: Stocks rise on earnings optimism as US data approaches
Singapore stocks climb at Wednesday’s open; STI up 0.4%
Stocks to watch: MPACT, CapitaLand Ascott Trust, Hotel Properties, OUE Reit, CLCT
Europe: Tech, retail stocks boost Stoxx 600 to one-week high
US: Stocks climb for second straight day
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in