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Post by bot on Oct 30, 2013 14:55:37 GMT -5
S&P 500, Dow industrials reach closing highs SAN FRANCISCO (MarketWatch) -- U.S. stocks closed higher Tuesday, rallying back from weak consumer confidence data and a nearly one-hour outage on the Nasdaq, to set closing highs on both the S&P 500 and the Dow industrials as the Federal Reserve kicked off its two-day policy meeting. The S&P 500 Index set its 33rd record high close of the year, closing up 9.84 points, or 0.6%, at 1,771.95, with the telecom and consumer staples sectors the best performers. The Dow Jones Industrial Average topped its closing high record from mid-September, finishing up 111.42 points, or 0.7%, at 15,680.35. The Nasdaq Composite Index finished up 12.21 points, or 0.3%, at 3,952.34, even though the exchange was halted for nearly an hour at midday due to a "human error" in its data distribution system.
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