Wall Street hits new highs while Russian markets tumble amid US sanctions – ABC News

The Australian share market has pulled back after reaching a 14-month high yesterday, despite more records on Wall Street overnight.
Key points:

• Australian shares edged lower as the market ran out of steam
• US stocks hit record levels as major companies posted strong quarterly earnings
• The Dow Jones rose 0.9pc to 34,036, the S&P 500 rose 1.1pc to 4,170, and the Nasdaq rose 1.3pc to 14,039

The All Ordinaries reached a record high in yesterday’s trade, but at 1:00pm AEST was down nearly 0.3 per cent…

Click here to view the original article.