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U.S., European stocks edge higher despite U.S. tax-cut doubts

Reuters  |  NEW YORK 

By David RandallNEW YORK (Reuters) - Gains in technology shares helped push the U.S. stock market to record highs on Wednesday despite concerns that Republicans' plans to cut corporate taxes may not win congressional approval as early as expected, prolonging a rally that started in Asia and sent the MSCI All World Index to a record high.The dollar edged lower against a basket of currencies, while European shares were flat, led by a broad decline in bank stocks.The Dow Jones Industrial Average rose 6.13 points, or 0.03 percent, to end at 23,563.36, the S&P 500 gained 3.74 points, or 0.14 ...

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First Published: Thu, November 09 2017. 03:15 IST