infrastructure spending: The latest push into the record books came on an indecisive day for U.S. stocks that sent indexes wavering between small gains and losses for much of the day, according to The Japan Times. They ultimately eked out tiny gains, led by energy stocks, which climbed as the price of crude oil rose. The Standard & Poor's 500 index, the benchmark favored by professional investors, also closed at a record high. Phone companies lagged the most. It's all about policy now, said Phil Blancato, CEO of Ladenburg Thalmann Asset Management. Many investors were taking a wait-and-see approach ahead of President Donald Trump's speech to Congress on Tuesday, hoping for details of promised tax cuts, infrastructure spending and other business-friendly policies.
(news.financializer.com). As
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