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Dow, S&P 500 end at record highs again

Started by riky, May 14, 2014, 09:00:21 AM

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riky

Dow, S&P 500 end at record highs again

<p><a href="http://news.yahoo.com/stock-futures-flat-dow-p-500-record-levels-111208918--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/g7If70s4XhBjJ.mVBAFdGg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-05-13T213841Z_1_CBREA4C1O4J00_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 Caroline Valetkevitch NEW YORK (Reuters) - The Dow and the S&amp;P 500 eked out record closing highs again on Tuesday, while the Nasdaq resumed its recent slide, dragged down by shares of Cisco . The S&amp;P 500 briefly rose above 1,900 for the first time early in the session, but quickly gave back some of its gains. What you see is a smaller group of stocks participating in the rally.\&quot; Homebuilders' shares gained and the common stock of mortgage finance giants Fannie Mae and Freddie Mac jumped as Federal Housing Finance Agency Director Mel Watt laid out new policies that could make it easier for many Americans to obtain mortgages. Fannie Mae jumped 7.8 percent to $4.57 while Freddie Mac advanced 6.9 percent to $4.49.</p><br clear="all"/>

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