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Post by bot on Nov 8, 2013 0:26:16 GMT -5
Stocks rally after ECB cuts rates, GDP tops views to 15,786
NEW YORK (MarketWatch) -- U.S. stocks climbed and aimed for fresh record closes on Thursday, powered by an interest rate cut in Europe and a better-than-expected estimate on U.S. economic growth. Investors also took in a figure for weekly jobless claims that roughly matched expectations and watched out for Twitter Inc.'s first day of trading on the New York Stock Exchange. The S&P 500 was last up 2 points, or 0.1%, to 1,773, while the Dow Jones Industrial Average gained 39 points, or less than 0.3%, to 15,786. The Nasdaq Composite tacked on 3 points, or 0.1%, to 3,935.
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