US stocks rally; Nasdaq hits record

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Nasdaq hits high, but Dow retreats from 20,000 . . . again


Nasdaq hits high, but Dow retreats from 20,000 . . . again
- Traders work on the floor of the New York Stock Exchange.
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Nasdaq hits record; bank earnings validate Wall St. rally


Nasdaq hits record; bank earnings validate Wall St. rally
- Traders work on the floor at the close of trading at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 28, 2016.
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Europe shares up, Nasdaq hits record high; U.S. yields up


Europe shares up, Nasdaq hits record high; U.S. yields up
- FILE PHOTO: A trader looks at computer screens during a Spanish bond auction in Madrid November 8, 2012.
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US stocks rally; Nasdaq hits record


US stocks rally; Nasdaq hits record
- US stocks rally; Nasdaq hits recordUS stocks ended higher on Friday as Facebook share pushed the Nasdaq to a record high and the S&P 500 also rose after major US banks kicked off the fourth-quarter earnings season with strong results.The stocks have surged since President-elect Donald Trump's unexpected election victory on optimism he will cut corporate taxes, spend on infrastructure and deregulate banks.Bank of America, JPMorgan and Wells Fargo, all posted quarterly profits above analysts' expectations on Friday.
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