SINGAPORE (Dec 4): The US market’s benchmark, the Dow Jones Industrial Average, edged 103.97 points higher on Nov 29 to close at 23,940.68 points. Investor sentiment has been buoyed by a better-than-expected GDP growth figure of 3.3%. “There’s a lot of momentum in the US economy and that’s being reflected in stocks,” Randy Frederick, vice-president of trading and derivatives at brokerage Charles Schwab, told CNBC. “I can’t think of anything other than a black-swan event that would derail it.”

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