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- ^TNXAssociated Press•4 hours ago
NEW YORK (AP) — The Dow Jones industrial average and Standard & Poor's 500 indexes soared to their biggest gains since the presidential election on Wednesday and set all-time highs. Investors bought stocks that do well in times of faster economic growth, like technology and industrial companies, but they also snapped up stocks that pay large dividends.
- ^TNXReuters•5 hours ago
U.S. stocks jumped to record levels and bond prices climbed on Wednesday as investors prepared for the European Central Bank to signal an extension of its bond-buying at its Thursday meeting. The euro gained against the dollar as investors also waited for possible indications on when the ECB will begin paring bond purchases under its quantitative easing program. Such a move might propel bond yields around the world higher.