NEW YORK: A gauge of global equity markets and Wall Street's three major indices finished at all-time highs on Thursday in light holiday trade as a year-end rally advanced further on optimism over a U.S.-China trade agreement.
Oil rose to three-month highs, buoyed by a report showing lower U.S. crude inventories, hopes the pending Sino-U.S. trade deal will soon be signed and efforts by the Organization of the Petroleum Exporting Countries (OPEC) to curb crude supply.
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