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Reuters

Reuters

Stocks gain, dollar steady; Wall Street shrugs off global political turmoil

Reuters
Summary
Nutrition label

79% Informative

Wall Street's major stock indexes rallied to record closing highs, led higher by tech stocks and comments by Federal Reserve officials.

South Korea's KOSPI index down 1.4% , taking its year-to-date losses to over 7% and making it the worst performing major stock market in Asia this year .

Most Asian markets aside from South Korea rose as the won currency steadied but remained close to the two-year low against the dollar.

U.S. crude fell 1.62% to $ 68.81 a barrel and Brent declined to $ 72.53 per barrel, down 1.48% on the day .

Bitcoin gained 3% and Bitcoin rose 7.4% as Trump nominated Paul Atkins to run the SEC .

Atkins is seen as a crypto industry-friendly pick.

VR Score

91

Informative language

98

Neutral language

56

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links