Announcement made on Monday
Dow Jones enjoys third largest ever gain
Asian stock markets also down
Volatile trading session
Dow Jones closed 4.6% lower
As inflation fears build
On track for 33% rise
Air of complacency
A difficult investment case
Buoyed by Trump's tax promises
Markets went into freefall
Shares on Wall Street have recorded the worst three-day streak since 2011 after another sharp move lower overnight, with investors continuing to fret over the end of the US Federal Reserve's bond buying programme.
The Dow Jones Industrial Average has closed above 17,000 for the first time, buoyed by investor confidence about the global economy.
US markets have continued to make gains overnight on the back of positive data on the job market.
The leading US equity markets hit fresh record highs on Monday, suggesting a ‘Santa rally' is well underway in the run up to Christmas.
Markets around the world sold-off overnight while oil continued to soar, as the prospect of military involvement in Syria's civil war grows.
The Dow Jones index broke through the 15,000 point threshold for the first time ever on Tuesday.
Big moves in the technology and materials sectors helped the S&P 500 close at its highest ever level on Monday.
Global markets soared on Wednesday after the US Federal Reserve inadvertently released minutes from its latest policy meeting five hours earlier than planned.
The largest equity markets in the US have reached new record highs after an uptick in manufacturing data boosted investor sentiment.
The Dow Jones Industrial Average - one of the two most quoted indices in the US - has hit a record high above 14,200 points, surpassing its 2007 peak.
US and Asian equity markets rallied overnight as talk of US politicians reaching a deal to avert the fiscal cliff helped sooth investor worries.
US indices slumped overnight as prospect of politicians at loggerheads over the fiscal cliff continued to worry investors.