S&P 500 hits fresh record high as US stock rally broadens, Deutsche Bank says
Deutsche Bank strategists say the US equity rally has broadened, with the S&P 500 reaching new record highs as softer inflation and lower oil prices support the Fed staying on course.
SPX
Deutsche Bank strategists note that the advance in US equities has extended beyond the largest names, with the S&P 500 moving to a new record high.
According to the strategists, softer inflation readings and lower oil prices are reinforcing expectations that the Federal Reserve can remain on its current policy path.
Source: FXStreet Forex News