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Phone and bank stocks push indexes higher; Dow at record

Stocks posted slight gains on Tuesday, sending the Dow Jones industrial average to another record, helped by shares of telecommunications companies such as Verizon, Sprint and AT&T. Small companies and bank stocks also rose as investors continue to speculate that U.S. economic growth will pick up under the incoming Trump administration. The Dow Jones industrial average rose 35.54 points, or ...

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Dow hits another record as bank stocks continue to climb

U.S. stocks are rising Monday morning, led by gains in bank stocks, sending the Dow Jones industrial average to another record high. Other major indexes are also up but still below their own all-time highs. European stocks were mostly higher, but Italy’s market fell after Italian voters rejected constitutional changes, dealing a major setback to Premier Matteo Renzi. KEEPING SCORE: ...

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Dow reaches records again as energy companies surge

The Dow Jones industrial average is trading at a record high Wednesday as blue-chip energy companies and banks surge. Oil stocks climbed after countries in OPEC, which collectively produce more than one-third of the world’s oil, agreed to trim production for the first time in eight years. Banks are also rising sharply as bond yields and interest rates increase. Other ...

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US stocks move higher as banks surge with bond yields

Bank stocks are climbing Monday morning as bond yields continue to rise. Bond yields are climbing to their highest levels this year, which points to higher interest rates and bigger profits for banks from lending money. Investors have been selling bonds, pushing yields higher, as they expect the spending plans of president-elect Donald Trump to lead to higher inflation. The ...

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