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>> DOW JONES RECORD HIGH Latest News

SEP 18, 2013 - Huffington Post

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Stocks Close At Record High After Fed Officials Announce They Won't Slow Stimulus

NEW YORK -- The stock market is closing at a record high after the Federal Reserve's surprise decision to keep its economic stimulus in place. The Dow Jones industrial average jumped 147 points, or 1 percent, to 15,676 Wednesday. The Standard & Poor's 500 index rose 20 points, or 1.2 percent, to 1,725. Both were records. The Nasdaq rose 38 points, or 1 percent, to 3,783. Bond yields plunged, prompting investors to bid up stocks that have big dividends. Utilities surged 3 percent, the most of the 10 sectors in the S&P 500 index. The yield on the 10-year Treasury note fell to 2.71 percent ... Read More

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