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Eric Daugherty: U.S. stock market closes at all-time record highs as President Trump succeeds in Beijing
Eric Daugherty, founder and CEO at The Daugherty Company, reports that the U.S. stock market has closed at all-time record highs.
He highlights that the NASDAQ and S&P indices have reached new peaks, with the Dow rising above 50,000. Daugherty links the market's strong performance to the success of U.S. President Donald Trump in Beijing.
Daugherty has previously commented on major shifts in the transportation sector. He reported on the loss of more than 17,000 U.S. jobs following the Spirit Airlines shutdown. In a separate article, Daugherty argued that the block of the Spirit and JetBlue merger may lead to higher airfares and increased costs for consumers.
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