Stocks rally to record highs; gold gains
By Herbert Lash
NEW
YORK (Reuters) - Gold prices rose and a gauge of global equity markets
hit a record high on Thursday in light holiday trade as a year-end rally
in stocks remained on course, with optimism over U.S.-China trade
helping drive Wall Street to records.
Oil
rose to three-month highs, buoyed by a report showing lower U.S. crude
inventories, hopes the pending Sino-U.S. trade deal will soon be signed
and efforts by the Organization of the Petroleum Exporting Countries to
curb crude supply.
Boxing
Day holidays closed markets in Commonwealth countries around the world
while a second Christmas Day shuttered markets in a swath of European
countries.
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