Morning Report 9 Jan 20: Relief rally pushes stocks to new record highs

US sharemarkets rose on Wednesday on an easing of tensions in the Middle East. But shares in drugstore Walgreens Boots fell by 6.2% after its quarterly profit fell short of forecasts. With an hour of trade to go, the Dow Jones index was up by 220 points or 0.8%. The S&P500 index was higher by 0.7% and the Nasdaq index rose by 79 points or 0.9%.

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