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STOCKS HIT A RECORD HIGH: Here's what you need to know

One year ago   |   By

Reuters / Paulo Whitaker
US stocks climbed to a new record as a handful of banks reported earnings, including JPMorgan , which gained on speculation that tax cuts will boost profits.
The S&P 500 increased 0.7%, while the Dow Jones Industrial Average spiked 0.9% and the more tech-heavy Nasdaq 100 rose 0.7%.
First up, the scoreboard:
Dow: 25,803.54, +228.81,
S&P 500: 2,786.05, +18.54,
Nasdaq: 7,261.06, +49.28,
US 10-year yield: 2.55%, +0.02
WTI crude oil: $64.40, +$0.60, +0.94% 1. A key metric shows the stock market is at 'extreme' levels that are the most stretched in 20 years. Morgan...
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