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Wall Street reaches fresh all-time highs while bitcoin passes $US50,000 – ABC News

The major US indices set new records before slipping, while the local share market looks set to fall as reporting season continues. Meanwhile, the price of bitcoin…

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The major US indices have hit fresh all-time highs overnight, while the local share market could be set for a weak start to the session as reporting season continues.
Key points:

  • US stocks closed off the highs of the session
  • The price of bitcoin rose above $US50,000 for the first time
  • Westpac says its profit improved and loan deferrals continue to decline

The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite hit new records in early trade on Wall Street.
Investors piled into equities…

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