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(Reuters) -The S&P 500 and the Dow hit record highs on Friday after Morgan Stanley wrapped up bumper quarterly earnings reports from big U.S. banks, while optimism about a solid economic rebound put the main indexes on course for weekly gains.
FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 12, 2021. REUTERS/Brendan McDermid/File Photo
Nine of the 11 S&P indexes were higher, with only the information technology and the energy indexes edging lower after outperforming in the previous session.
The benchmark S&P 500 and the blue-chip Dow are on course for their fourth straight week of gains, while the technology-heavy Nasdaq is less than a percent below its own all-time closing high on the back of upbeat economic data and a solid start to the first-quarter corporate earnings season.
S&P 500, Dow hit record highs on bank earnings boost
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U S stocks take a breather, profit-taking blamed
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US STOCKS-S&P 500, Dow dip ahead of earnings, inflation data Reuters 1 hr ago By David French
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By David French
April 12 (Reuters) - The S&P 500 and Dow Jones industrial average dipped below record levels on Monday as investors paused ahead of the start of the corporate reporting season and a key inflation report later this week.