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The U.S. stock market ticked upward to another record high.
The S&P 500 rose 0.3 percent Thursday, a day after topping its prior all-time high set in January, for its 11th gain in 12 days. The Dow Jones Industrial Average added 0.2 percent, and the Nasdaq composite rose 0.4 percent.
Strong profit reports from several big U.S. companies helped support the market and offset a climb for oil prices. The price for a barrel of Brent crude rose back above $99. Treasury yields edged higher in the bond market, while stock indexes rose in much of Europe and Japan.
On Thursday:
The S&P 500 rose 18.33 points, or 0.3 percent, to 7,041.28.
The Dow Jones Industrial Average rose 115 points, or 0.2 percent, to 48,578.72.
The Nasdaq composite rose 86.69 points, or 0.4 percent, to 24,102.70.
The Russell 2000 index of smaller companies rose 5.94 points, or 0.2 percent to 2,719.60.
For the week:
The S&P 500 is up 224.39 points, or 3.3 percent.
The Dow is up 662.15 points, or 1.4 percent.
The Nasdaq is up 1,199.81 points, or 5.2 percent.
The Russell 2000 is up 89.01 points, or 3.4 percent.
For the year:
The S&P 500 is up 195.78 points, or 2.9 percent.
The Dow is up 515.43 points, or 1.1 percent.
The Nasdaq is up 860.71 points, or 3.7 percent.
The Russell 2000 is up 237.69 points, or 9.6 percent.
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