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Wall Street closes with solid gains; S&P 500 touched record high

FXStreet (San Francisco) - US stocks market wrapped up the Monday's with gains as shares rallied but cut gains late in the day. Investors' confidence was fueled by Ukraine’s developments, G20 message and short coverings.

The S&P 500 hit record high but it retraces at the late session. The Nasdaq Composite is in pace for its biggest monthly gain since October; while the Dow is in pace for best month since November.

The Dow Jones advanced 105.96 points or 0.66% to finish the day at 16,209.26; the S&P 500 added 11.46 points or 0.62% to 1,847.71; and the Nasdaq climbed 29.56 points or 0.69% to finish the day at 4,292.97.

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Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman looks ahead to Friday CPI for the ECB to digest.
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AUD/JPY approaches 93.00 again

The AUD/JPY started the week with a positive tone. It fell during the Asian session but gained momentum afterwards and rose, approaching 93.00, key resistance level.
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