February 21, 2017
Expectations for fiscal stimulus and wide regulation continue to feed gains for stocks where the Dow posted a 0.6 percent gain to a new record 20,743. Demand also improved for bonds as the 10-year Treasury yield edged lower to 2.43 percent. Weakness in the euro helped boost the dollar index which rose 0.5 percent to 101.40. Oil moved higher to $54 with gold steady near $1,235.