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Google, GM, Honda, Audi, Hyundai and Nvidia announced the Open Automotive Alliance.
The Institute for Supply Management (ISM) reported a second month of slowing growth in the U.S. services sector.
The Conference Board reports today that U.S. consumer confidence has risen in December to 78.1, up from a revised November figure of 72.0.
The euro rose on Monday, after European Central Bank (ECB) President Mario Draghi affirmed that he saw no need to cut the euro’s main interest rate further.
The S&P 500 and the Dow Jones Industrial Average closed up today, ending at 1,819.46 and 16,239.83, respectively, to notch record highs for each index.
The FTSEurofirst 300 closed up 0.5% on Friday, making the week’s gains 3.6%, the greatest weekly growth since April.
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