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February 16, 2017

Stocks roar to new highs

NEW YORK (AP) — Stocks and bond yields punched higher Wednesday, and U.S. indexes set records again, following more encouraging news on the U.S. economy.

The Standard & Poor's 500 index rose 11.67 points, or 0.5 percent, to 2,349.25. It's the seventh straight gain for the index and its longest winning streak in three and a half years. The Dow Jones industrial average rose 107.45 points, or 0.5 percent, to 20,611.86. The Nasdaq composite rose 36.87, or 0.6 percent, to 5,819.44. Seven stocks rose on the New York Stock Exchange for every five that fell.


 
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