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American indices close deep in the green territory

Major U.S. stock indexes reaped solid gains hitting record highs as the congress passed a budget resolution which is seen as setting the stage for revamping the tax code.

The S&P 500 index was up for an eighth straight session and added another 14,33 points or 0.6% closing at 2,552.07. The NASDAQ Composite Index also managed to gain 50.73 point, or 0.8%, to end the session at 6,585.36.

The Dow Jones industrial Index was also up by 113.75 points, or 0.5%, to end the session at 22,775.39.

The Greenback hold on to gains after jobless claims

The Dollar was traded in the green zone against the most of it European rivals, after a better-than -expected report on jobless claims. The report is closely monitored by investors as it is a clear signal for possible Federal reserve rate increase this year.

The ICE U.S. Dollar Index was up by 0.5% closing at 93.952 against six major currencies. The WSJ U.S. Dollar index, which is a much broader measure of the greenback, was also up by 0.5% and was last traded at 86.98.

* The details mentioned above have been partially adopted from third party sources, including websites, and are displayed “AS-IS” Readers should take into account that all the data that appear in this review can change based on the dynamic of global markets. The information provided by the review ought not to be considered as advice or financial guidance nor can it relate to any investor’s personal requirements or investment goals. In addition, the data should not be conceived as any kind of recommendation to trade and / or carry out a transaction and / or deposit funds.