KONTAN.CO.ID - NEW YORK. U.S. stock indexes were set to open at fresh record highs on Friday as optimism over U.S.-China trade relations and an improving global economy brightened investor sentiment going into the new year. Signaling resilience in the global economy, data showed China's industrial profits grew at the fastest pace in eight months in November. The figures added to a slate of upbeat reports from the Asian country, including on industrial production and retail sales.
Wall St set for another record high as year-end rally continues
KONTAN.CO.ID - NEW YORK. U.S. stock indexes were set to open at fresh record highs on Friday as optimism over U.S.-China trade relations and an improving global economy brightened investor sentiment going into the new year. Signaling resilience in the global economy, data showed China's industrial profits grew at the fastest pace in eight months in November. The figures added to a slate of upbeat reports from the Asian country, including on industrial production and retail sales.