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Business Matters: US Stock Markets Climb to Fresh Highs

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19/10/2017 GMT

US Stock Markets Climb to Fresh Highs

BBC World Service - Business Matters, US Stock Markets Climb to Fresh Highs

Dow smashes through the 23,000 mark, but will it last?

The Dow Jones Industrial Average has sailed through the 23,000 mark in another record for the share market. But as veteran traders remember the anniversary of Black Monday in 1987, we ask if this is another bubble about to burst. As millions in India prepare to celebrate Diwali, we head to Delhi, where the sale of fireworks has been banned this year because of its growing pollution problem. But what does it mean for businesses? Finally, we ask if a three hour speech is ever justified after Xi Jinping kicked off China's Congress with a three hour address.

(Picture: A trader wears a hat reading Dow 23,000 on the floor of the New York Stock Exchange. Credit: Spencer Platt/Getty Images)

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