Wall Street little changed near record highs

Traders work on the floor of the New York Stock ExchangeWall Street has soared this year, boosted by expectations Federal Reserve stimulus will continue. "We're fairly valued in the longer term, but it wouldn't be surprising to see short-term corrections since right now there's no reason to jump into the market in full force," said Mike Sorrentino, the New York-based chief strategist of the Global Financial Private Capital. In the latest data, a reading on consumer confidence fell to 70.4 in November, from 71.2 last month.

Business News Headlines – Yahoo! News

Short URL: http://globalnewsmagazine.com/?p=3327

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