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Following an election week packed full of record highs, last week was a sobering one for US equities, writes Ian Slattery.
The results of the US election created a wave of positivity in the US equity markets last week, principally founded on the belief that Trump’s administration will fulfil its promise of lower taxes and lighter regulation, writes Ian Slattery.
Major US equity indices ended the week higher, reaching new record highs as the beginning of earnings season helped to offset several disappointing economic reports, writes Ian Slattery.
US major equity indexes ended the week on a positive note on the back of a stronger than expected employment data, despite reports of a dockworkers’ strikes at Eastern seaports in the US, writes Ian Slattery.