MARKETS Stocks rose, with the three major indexes posting simultaneous record closes for the second time in less than a week – @AceFinanceNews

#AceFinanceNews – Aug.15: This is a follow up to my earlier news https://acefinance.wordpress.com/2016/08/15/markets-u-s-data-that-tempered-expectations-of-a-federal-reserve-rate-news -as-european-stocks-gain-following-gains-in-asia-oil-prices-rally-to-five-week-highs-brent-crude-the-global-oil-benchmark as three major US indexes close at record highs; materials lead

Stocks rose, with the three major indexes posting simultaneous record closes for the second time in less than a week – http://www.cnbc.com/id/1038686

With 20 minutes remaining in the trading day, the 3 major US stock indexes are headed for record closing marks. The Dow is up 71 and trading at 18,648 and the Nasdaq is up 31 and the S&P 500, 7.45.

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MARKETS U.S. data that tempered expectations of a Federal Reserve news as European stocks gain following gains in Asia, #oil prices rally to five week highs Brent crude, the global #oil benchmark, rose 0.9% to $47.38 a barrel on London’s ICE Futures exchange Monday – @AceFinanceNews

#AceFinanceNews – Aug.15: European stocks are mostly higher, following gains in Asia. New US data on manufacturing, housing and inflation are due this week, The dollar was softer on Monday, pegged back by sluggish U.S. data that tempered expectations of a Federal Reserve news that Japan’s economy grew more slowly than expected….

Oil extends rally to five-week highs on talk of producer action
Crude hit a one-month high Monday on hopes that the prolonged oil-price rout may drive major producers to reconsider a collective production cap. Brent crude, the global oil benchmark, rose 0.9% to $47.38 a barrel on London’s ICE Futures exchange. Oil prices hit five-week highs on Monday, gaining about 10 percent in a three-day rally as speculation intensified over potential producer action to support prices amid a crude glut. A rebound in oil sends all 3 major US indexes to fresh record highs CNBC http://cnb.cx/2aWbC3L

China shares hit seven-month high; world yields keep falling
World shares set up camp at one-year peaks on Monday as a rally in Chinese stocks helped offset news that Japan’s economic growth had ground to a halt in the last quarter, while #oil prices extended their latest rally.

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

Ace News Services Site Links Listed Here:

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