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Wall Street set for new highs on strong data, earnings

Reuters Friday, 17 January 2020
U.S. stock indexes were set to scale fresh record highs on Friday, on optimism over corporate earnings, fresh economic data and indications of resilience in a Chinese economy battered by a prolonged trade war with the United States.
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News video: Wall Street hits new highs

Wall Street hits new highs 01:17

Wall Street climbed to record highs Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth. Fred Katayama reports.

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