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Post by bot on Aug 17, 2018 17:36:41 GMT -5
The Dow is on the verge of its best close in 6 months as the stock market extends rally
The Dow Jones Industrial Average Friday afternoon looked poised to book its highest closing level since Feb. 1, according to FactSet data. A late-session 150-point rally for the blue-chip gauge, on the back of growing optimism that China and the U.S. can strike a detente on trade by November, has helped power the recent climb. If the Dow can finish above 25,709, it would mark its best finish since Feb. 1, when the gauge closed at 26,187. Meanwhile, the S&P 500 index advanced 0.5% at 2,854, while the Nasdaq Composite Index advanced 0.2% at 7,825.
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