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Markets continue to soar as sentiment remains upbeat

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The Trump trade continues to power stocks on Wall Street.
REUTERS/Andrew Kelly/File Photo

The Trump trade continues to power stocks on Wall Street.

PHOTO: REUTERS

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SINGAPORE – Markets continued to drive northwards last week, powered by the “Trump trade”, pleasing corporate results, a benign inflation outlook and generally upbeat sentiment on prospects for economic growth.

This came despite underlying concerns about the impact of policies that could be implemented by the incoming Trump administration in Washington.

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