· The Dow Jones Industrial Average .DJI rose 42.21 points, or 0.18 percent, to end at 22,872.89, the S&P 500 .SPX gained 4.6 points, or 0.18 percent, to 2,555.24 and the Nasdaq Composite .IXIC added 16.30 points, or 0.25 percent, to 6,603.55.
Major stock indexes edged up to post record closing highs on Wednesday with sector moves in the S&P 500showing preference toward so-called defensive stocks.
While Wall Street reaction was muted to minutes of the most recent Federal Reserve policy meeting, a report that a market-friendly candidate was being pushed as successor to Janet Yellen at the helm of the U.S. central bank helped indexes close near the highs of the day.
· Asian shares gained on Thursday after Wall Street closed at record levels following the latest minutes from the Federal Reserve. Meanwhile, the dollar remained on the back foot against a basket of currencies.
· MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.15 percent and is within a hair of the decade high touched in the previous session.
· Japan’s Nikkei was up 0.4 percent after brushing 20,980.92, its highest since December 1996. South Korea’s KOSPI added 0.1 percent to mark a fresh record high.
Reference: Reuters, CNBC
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