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U.S. stocks closed modestly higher Monday, led by banks and other financial companies. The latest gains nudged the Standard & Poor’s 500 index and Dow Jones industrial average to record highs. Both indexes posted record highs on Friday. Industrials stocks also rose, while retailers and other consumer-focused companies lagged the most.
On Monday:
The S&P 500 index climbed 3.64 points, or 0.1 per cent, to 2,503.87.
The Dow rose 63.01 points, or 0.3 per cent, to 22,331.35.
The Nasdaq composite added 6.17 points, or 0.1 per cent, to 6,454.64.
The Russell 2000 index of smaller-company stocks picked up 9.37 points, or 0.7 per cent, to 1,441.08.
For the year:
The S&P 500 is up 265.04 points, or 11.8 per cent.
The Dow is up 2,568.75 points, or 13 per cent.
The Nasdaq is up 1,071.52 points, or 19.9 per cent.
The Russell 2000 is up 83.95 points, or 6.2 per cent.
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