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STI enjoys fifth consecutive rise

It gains almost 19 points as strong US jobs report raises hopes that Dow may close above 20,000 points

Published Mon, Jan 9, 2017 · 09:50 PM

THE Straits Times Index advanced for the fifth consecutive trading session on Monday, gaining 18.91 points at 2,981.54, most likely in response to Friday's US jobs report that raised the likelihood that Wall Street would enjoy a decent Monday itself, with hopes that the Dow Jones Industrial Average might close above 20,000 for the first time ever.

That this might be the case was the signal from the fu…

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