Dow, S&P close at records as energy shares rise
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U.S. stocks rose on Monday, with the Dow and the S&P 500 eking out closing records, as higher energy shares and a fresh round of takeovers offset concerns about a sharp sell-off in Chinese stocks.
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US stocks ended higher on Tuesday, even as oil prices hit another record, as investors were encouraged by data showing an easing of inflationary pressure and a sharp rebound in the housing market.
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Wall Street soared today, propelling the Standard & Poorâs 500 index and Dow Jones industrials to record highs.
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Leading shares closed stronger, just off late session highs with Wall Street posting good gains as above-forecast headline US PPI data proved mainly to be due to fuel price rises, with a benign inflation picture seen overall.
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The Dow soared about 280 points to a record close Thursday, posting its biggest gain in nearly 5 years, on a flurry of takeover activity and some upbeat retail sales numbers.
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NEW YORK  -The S&P 500 index  climbed to a record on Friday, surpassing levels reached during the Internet bubble, as General Electric Co.  increased a stock-buyback plan and data showed improving consumer sentiment.
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The Dow Jones industrial average  (.DJI) finished at an all-time closing high on Tuesday,  surpassing the previous record set in 2000, as investors bet  that sliding crude oil prices will stimulate consumer spending  and lift corporate profits even as the economy slows.
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U.S. stocks surged on Thursday, driving the Dow industrials to a record close on strong earnings from companies such as investment bank Bear Stearns Cos. and an improving outlook for the U.S. economy.
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In trading Thursday, the Dow Jones industrial average rose 99.26 points, or 0.81 percent, to 12,416.76, another record close.
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NEW YORK -- The Dow Jones industrial average reached a milestone Thursday in Wall Street's nearly seven-year recovery from corporate upheaval, economic recession and terrorism, briefly trading above its record high close of 11,722.98 set on Jan. 14, 2000.
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Leading shares closed higher, boosted by a solid rally on Wall Street and strength in mining and media stocks, offsetting yet another spike in the London price of oil, dealers said.
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NEW YORK, May 30 -- The Standard & Poor's 500-stock index hit a record high today, marking the end of a four-year healing period for U.S. stocks battered by the burst of the tech bubble, the collapse of Enron and WorldCom, the Sept. 11 attacks and the wars in Afghanistan and Iraq.
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U.S. stocks rebounded on Wednesday, with the S&P and Nasdaq rising more than 2 percent, led by technology companies as investors snapped up beaten down shares, while the energy sector benefited from a surge in oil prices.
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By Michael Patterson  The Dow Jones industrial average climbed to a record close Thursday as companies reported profits that beat analysts' estimates and as the number of claims for jobless benefits fell. Costco Wholesale, the largest U.S.
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Stocks rallied strongly in the US last night, with both the Dow and the Nasdaq at their highest for months. The Dow Jones Industrial Average closed above its end 2003 level for the first time in more than four months.
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Leading Wall St shares were given a boost by data showing stronger economic growth than expected and by a fall in oil prices. At the closing bell, the Dow Jones was up 56.46 points to 10,815.89 and the Nasdaq had risen by 6.12 points to 2,157.03.
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U.S. stock futures nudged higher on  Wednesday with the Dow Jones industrial average within 100  points of a record high after marking its second-highest close  ever in the last session.