Fri, 29 May 2020

<p>NEW YORK, New York - U.S. shares advanced on Thursday, the final trading day of the week, ahead of the Easter break.</p><p>The Dow Jones did best of all, responding to strong U.S. econopmic data particularly a boost in U.S. retail sales, which according to the Commerce Department rose in March at their fastest monthly pace in 18 months.</p><p>&quot;It&rsquo;s been kind of an anemic market over the last few weeks,&quot; Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts told Reuters. &quot;There&rsquo;s concern that the majority of the returns in 2019 were front-end loaded.&quot;</p><p>The Dow Jones Industrial Average advanced 110 points or 0.42%, to 26,559.54.</p><p>The Standard and Poor&#39;s 500 added 4.58 points or 0.16% to 2,905.03.</p><p>The Nasdaq Composite rose 1.98 points or 0.02% to 7,998.06.</p><p>The U.S. dollar continued its recent rally pushing a number of currencies off their perches. The euro slumped to 1.1237, while the British pound dived to 1.2990.</p><p>The Japanese yen was little changed at 111.99, while the Swiss franc eased to 1.0150.</p><p>The Canadian dollar was a fraction lower at 1.3378.</p><p>The Australian dollar fell to 0.7150, while the New Zealand dollar was sharply weaker at 0.6686.</p>

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