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S&P breaks record, Google's stock tops $1,000 on earnings

Started by riky, October 20, 2013, 09:00:21 AM

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riky

S&P breaks record, Google's stock tops $1,000 on earnings

<p><a href="http://news.yahoo.com/stock-futures-climb-rosy-corporate-results-120237914--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/soy0A_UFcFnAG9V2enNx5g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-10-18T165704Z_3_CBRE99G17M900_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>By Julia Edwards NEW YORK (Reuters) - The S&amp;P 500 closed at a record high for the second straight day on Friday to cap its biggest weekly gain in three months as stronger-than-expected earnings from Google, Morgan Stanley and others overshadowed worry that earnings growth was faltering. The reassuring signals on profitability augmented investors' relief over the resolution earlier in the week of the budget impasse in Washington that had threatened to trigger a potentially catastrophic default on the U.S. debt. The S&amp;P 500 closed up 0.7 percent, while the Nasdaq rose 1. ...</p><br clear="all"/>

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