US stock indexes have edged higher, with oil stocks in the lead after mounting attacks in the Red Sea lifted crude prices while shares of US Steel rocketed after a buyout deal. The main Wall Street indexes are looking to end 2023 on a high note as signs of slowing inflation boosted expectations that the US central bank will soon ease its monetary policy. The blue-chip Dow hit an all-time high for the fourth consecutive session while the benchmark S&P 500 and the tech-heavy Nasdaq are trading near their highest levels of the year. Oil majors Chevron climbed 1.5 per cent and Exxon Mobil added 2.0 per cent as crude prices rallied more…
Wall Street gains as shares in US Steel, oil firms rise
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