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FeedsFarm.com > S&P 500 closes at 6-year high; Dow gains 86 to record 12,218

S&P 500 closes at 6-year high; Dow gains 86 to record 12,218

15th Nov 2006, 13:35 GMT

U.S. stocks barreled higher yesterday, sending the Standard & Poor's 500 index to a six-year high, after profits at Wal-Mart Stores Inc. and Target Corp. exceeded forecasts and a Federal Reserve official suggested that interest rates will stay unchanged for now.

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