street's major indexes began the new year at record levels on Thursday, as fresh stimulus from Beijing to prop up its slowing economy added to optimism fueled by easing trade tensions and an improving global outlook.
China's central bank said on Wednesday it would cut the amount of cash that all banks must hold as reserves, the eighth such cut since early 2018, injecting fresh stimulus into the economy, while boosting global markets.
All three major indexes ended higher on Tuesday after President Donald Trump said an initial U.S.-China trade pact would be signed on Jan. 15. Trump also said he would later travel to Beijing to begin talks on the next phase.
Shalimar Paints appoints Ashok Gupta as MD In his new role, Gupta will oversee operations of the brand, expand market outreach and bolster internal operations to further advance the brand#39;s vision, the company said in a statement.
Reuters Brent crude futures were up 27 cents at $66.27 a barrel by 1456 GMT, while US West Texas Intermediate (WTI) crude was 10 cents higher at $61.16 per barrel.