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Stock Markets Reach Records, Jobless Claims At 49-Year Low. (09/25/2018)

“The bulls have regained control on the American equity market,” Bloomberg News (9/21, Popina) reported last Friday, as “the S&P 500 Index capped a second weekly advance, ending the five days less than two points away from its all-time high” while “the S&P 500 rose 0.9 percent to 2,929.67 in the five days through Friday,” and “the Dow Jones Industrial Average advanced 589 points to 26,743.50, ending at an all-time high.” According to Bloomberg News, the DJIA “was the last of the major indexes to reclaim records set in January.”

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