NEW YORK: U.S. stocks touched record highs in choppy trade on Monday and the dollar weakened, as investors avoided making new, bold bets before this week's Federal Reserve policy meeting, which might offer clues on the outlook for monetary policy.
The performance in U.S. shares contrasted with sharp losses in Asia overnight, when MSCI's broadest index of Asia-Pacific shares outside Japan fell 2.1% to its lowest since December, hurt by concerns over tighter regulations in China.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
