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Dow Jones and S&P 500 set new records after economic report

US stocks Wednesday rose to new records following a stream of mixed economic data on the eve of the Thanksgiving holiday. At the closing bell, the Dow Jones Industrial Average tacked on 24.21 (0.15 percent) at 16,097.01. The broad-based S&P 500 rose 4.49 (0.25 percent) to 1,807.24, also reaching a…

Stock markets surge as Dow closes at all-time high

Stock markets in New York and London climbed to new highs on Tuesday as the Dow Jones Industrial Average surged to its highest closing level and the London market surpassed a level last reached five years ago. Better-than-expected news from the service sector on both sides of the Atlantic and…

Dow Jones reaches highest point since Great Depression

NEW YORK — The Dow Jones Industrial Average powered to an all-time record high Tuesday exactly four years after hitting bottom in the worst economic crisis since the Great Depression. After more than doubling its value in a steady march upward since March 2009, the Dow assaulted the record from…

U.S. recovery stalls after first quarter of negative growth in three years

The US economic recovery juddered to a halt in the final months of 2012 as the government slashed defence spending, business orders declined, and Washington fought over the fiscal cliff budget crisis. The GDP of the world’s biggest economy shrank for the first time in three and a half years…

Stocks rally at day’s end, erasing most of Monday’s major losses

NEW YORK (Reuters) – Stocks rallied on Tuesday in a volatile session as investors struggled to decipher the Federal Reserve’s signals on the economy after a dizzying two-week slide. The Dow Jones industrial average was up 429.69 points, or 3.97 percent, at 11,239.54, based on the latest figures. The Standard…

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