Markets

Indices Set For Record Close as Trump Rally Resumes

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The three benchmark averages were all set to close at record highs Wednesday as positive earnings and recent efforts by President Trump to advance infrastructure spending rekindled the Trump-rally, and drove the Dow Jones Industrial Average through the 20,000 milestone.

Financial stocks led advancers, followed by significant gains in the industrial and technology sectors. Stocks in the defensive sector, however, traded lower as did real estate stocks in sympathy with higher Treasury yields.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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