februari 13th is in the books on Wall
Street and it has been a day of fresh
highs across all four major US indices
the S&P 500 the Dow Jones Industrial
Average nasdaq composite and russell
2000 all closed at record levels
telecoms was the only sector of the
sp500 to em in the red of the verizon
announced on sunday night that it would
roll out unlimited data plans across the
country in a bid to win back consumers
from rivals t-mobile and Sprint the move
signals are slightly more optimistic
mood among investors buoyed by news last
week the President Donald Trump plans to
release details of proposed tax cuts
soon apple shares were a standout
performer on Monday closing at a new
record high surpassing its last record
set in February 2015 oil prices slid
despite data last week showing that the
much-talked-about OPEC production cuts
have had some effect in bond markets US
Treasury yields which move inversely to
prices continue to rise but analysts
warn it may be short-lived and prices
could go higher from here and that's a
New York minute