Stocks Hit Record Highs, Dollar Falls as Investors Assess Mixed Fed Messages

GLOBAL MARKET - NEW YORK. MSCI's global stock index rose to record levels on Monday for a third consecutive session with a few U.S. technology stocks leading on Wall Street while gold prices rallied to fresh records and the dollar pulled back. 

Investors were digesting mixed messages about future interest rate cuts from Federal Reserve officials, as well as the latest U.S. immigration news after U.S. President Donald Trump said on Friday that U.S. companies would need to pay $100,000 for new H-1B worker visas, a potential blow to the U.S. tech sector.