Economics

U.S. Stocks Gain for Week as Dow Hits Record on Earnings

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U.S. stocks rose for the week, with the Dow Jones Industrial Average reaching a record, as earnings topped forecasts and the Federal Reserve said it would further trim bond purchases as the economy gains momentum.

The Standard & Poor’s 500 Index briefly climbed above its highest closing price on the final day, before tensions over Ukraine overshadowed data showing payrolls rose the most since