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Post by bot on Oct 2, 2017 19:28:17 GMT -5
S&P 500, Nasdaq, Dow hit records as stocks open higher
U.S. stock-market indexes begin the final quarter of the year on a high note, with all the main benchmarks trading in record territory on Monday after opening higher. The modest advance on Monday follow solid gains over the past month and quarter as investors continue to remain optimistic about earnings growth and potential tax cuts. The S&P 500 was up 1.4 points, or less than 0.1%, to 2,520. The benchmark index is up 12.5% year to date. The tech-heavy Nasdaq Composite index was up 13 points, or 0.2%, to 6,509 and is up 21% since the start of the year. The Dow Jones Industrial Average was up 31 points, or 0.1%, to 22,433 at the open. The blue-chip index is up 13% year to date. Among the best performers on Wall Street, Oracle Corp shares jumped after Chairman Larry Ellison guaranteed late Sunday to offer database warehousing at less than half the price charged by rival Amazon.com Inc. .
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