7/15, 3:32 PM (Source: TeleTrader)
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US stocks start at records on report Ross could go

Investors showed substantial risk appetite on Monday, judging by the rally on Wall Street which moved major equity indexes to records together with numerous heavyweights including Microsoft Corp. The Dow Jones and the Nasdaq 100 touched all-time highs for the fourth session in a row, helped by a rise in oil, but Treasury debt securities also jumped across the curve. A rumor in the news indicated United States President Donald Trump is considering to let go Secretary of Commerce Wilbur Ross, a hardliner in the trade policy on China, which still hasn't resulted in a bilateral deal. In other news, China's economic growth weakened to 6.2%, the lowest in at least 27 years.

The Dow opened 0.12% up at 27,364.69 points. Apple was the best stock in the first transactions, climbing 0.87%. The S&P 500 gained 0.13% to 3,017.8 before receding in its second consecutive day of peaks. The Nasdaq 100 advanced 0.22% to 7,961.071 points, led by Broadcom's 2.92% surge upon unconfirmed information that takeover talks with Symantec fell through. The other company plunged 13.59%.

The euro was flat at $1.12687 and the pound dipped 0.31% to $1.25367. The dollar was barely changed at ¥107.923. Gold slipped 0.22% to $1,412.09 per ounce.

Breaking the News / IT