Global Markets: US stocks close at records for fifth straight session
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Now for a look at global markets. In America, the S&P 500 and Nasdaq ended at records for the fifth straight session Monday, but the Dow dipped and the 2018 global stocks rally showed signs of petering momentum. Global stocks were on a tear last week, with Wall Street and key international bourses closing at multi-year or all-time highs amid improving global economic data. Gains Monday were generally more modest than last week, and some key markets ended lower. Shares in Europe, the positivity spilled over into Europe with London scaling another record pinnacle at around 7,733 points, before turning lower amid a UK government reshuffle. Frankfurt sentiment was bolstered by German Chancellor Angela Merkel opening a fresh round of negotiations with the aim of forming a government.