The New York Stock Exchange (NYSE) stands in lower Manhattan on February 3, 2017 in New York City. Spencer Platt/Getty Images/AFP
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The dollar strengthened against all of its major peers, Treasurys weakened and U.S. stocks churned to fresh all-time highs as investors speculate the Trump administration will revert attention to implementing pro-growth policies as the Federal Reserve hints at rate hikes.CurrenciesThe Bloomberg Dollar Spot Index rose 0.5 percent for a second day of gains. The yen weakened back above 112 per dollar after falling below that level Monday. CommoditiesOil dropped 0.6 percent to $52.11 a barrel after falling 1.5 percent Monday before U.S. government data forecast to show U.S. crude stockpiles expanded for a fifth week.Gold slipped 0.4 percent after advancing for three straight days to the highest level since November.
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