"Stocks Soar: S&P 500 and Dow Reach New Records"

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Source: The Associated Press
"Stocks Soar: S&P 500 and Dow Reach New Records"
Photo: The Associated Press
TL;DR Summary

Asian shares were mixed after U.S. stocks closed at a record, with oil prices advancing and U.S. futures edging lower. The dollar remained strong against the Japanese yen and Chinese yuan, unsettling regulators in Tokyo and Beijing. The S&P 500 set another record, while the U.S. bond and stock markets will be closed for Good Friday. The U.S. economy has remained resilient, but critics say a broader range of companies will need to deliver strong profit growth to justify the big moves in prices. The Federal Reserve looks set to start lowering interest rates this year, and several central banks have already begun cutting rates.

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