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January 12, 2018

Stocks return to record highs

AP Business Writer

NEW YORK — U.S. stocks brushed aside their first wobble of the year and got back to setting records on Thursday. Energy stocks led the way after the price of oil touched its highest level since 2014.

The gains for indexes marked a return to calm, after a whiff of nervousness wafted through markets a day earlier as interest rates rose. After rates held steady on Thursday, the Standard & Poor's 500 index marked its seventh gain in the last eight days.

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