Wall Street hits records on news of U.S.-China trade deal

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Wall Street hits records on news of U.S.-China trade deal
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Wall Street's main indexes hit record highs on Thursday following news that...

All three indexes hit intraday records, while the S&P 500 and the Nasdaq posted record high closes.

On Wednesday the Fed held interest rates steady in its last policy meeting of the year and signaled borrowing costs will not change anytime soon. On Thursday, Europe’s central bank held its rates steady, and its new head struck a more upbeat tone on the economy. Delta Air Lines Inc shares rose 2.9% as the company projected another annual rise in profit and revenue in 2020.

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