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A month-long rally on Wall Street, sparked by Donald Trump's election as U.S. president, extended on Thursday, driving major Wall Street indexes to record highs. Investors have been betting on stocks of industrial and financial companies as they expect these sectors to benefit the most from Trump's promise to spend more on infrastructure and simplify regulations. "The market is projecting a lot more confidence in future growth, and I don't expect any big pullback to derail the rally until the end of the year," said Chris Story, senior trader at Manulife Asset Management in Boston, Massachusetts.
Syria's army battled to take more ground from rebels in Aleppo Thursday after President Bashar al-Assad said victory for his troops in the city would be a turning point in the war. Three weeks into a major offensive to retake all of Aleppo, government troops have captured about 85 percent of territory rebels controlled in the city's east and were continuing to push forward. In east Aleppo, terrified residents could be seen fleeing in the streets as heavy bombing shook opposition-held areas.