
Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.

The United States will begin screening efforts at three U.S. airports to detect travelers from the central Chinese city of Wuhan who may have symptoms of a new respiratory virus that so far has killed two people and infected 45 more, public health officials said on Friday (Jan 17).

Chinese state media on Thursday warned against any nitpicking as Beijing portrayed the Phase 1 trade deal with United States and its new commitments to massive purchases of US goods as a boon for China's economy.

US President Donald Trump has put Mexico and Central American nations under pressure to accept a series of migration agreements that aim to shift the burden of dealing with asylum-seekers on to them, and away from the United States.

The historic impeachment trial of Donald Trump opened on Thursday in the US Senate, as lawmakers took a solemn oath to be impartial in deciding whether to force the 45th US president from office.

The US Senate on Thursday voted overwhelmingly to approve a new North American trade pact, handing President Donald Trump a second back-to-back trade win just as his impeachment trial was beginning in Washington. After a brief debate, lawmakers voted 89-10 in favor of a bill allowing the US-Mexico-Canada agreement to take effect, overhauling trade relations among the three countries.

Wall Street stocks surged to fresh records on Thursday after the US Senate approved a new North American trade pact, adding to the momentum from the US-China trade deal. All three major indices finished at all-time highs, with the Dow Jones Industrial Average up 267.42 points (0.92%) at 29,297.64.

As Google-parent Alphabet became on Thursday the fourth US company to top a market value of more than US$1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.

World stocks inched to a record high on Thursday after the United States and China signed a deal to defuse their 18-month trade war, which has weighed on global economic growth and hampered investments.

The United States' change of stance to support Brazil's bid to join the Organization for Economic Cooperation and Development (OECD) ahead of Argentina was welcomed by the Brazilian government on Tuesday.