U.S. Indexes Reach Records Amid Republican Win as Crude Rebounds
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U.S. stocks climbed to records as the Republican Party won control of the Senate and a rebound in oil fueled gains in energy shares. European equities rose on better-than-estimated earnings before the central bank meets, while precious metals slid amid a strengthening dollar.
The Standard & Poor’s 500 Index added 0.6 percent to an all-time high of 2,023.57 by 4 p.m. in New York, while the Dow Jones Industrial Average reached a record 17,484.53. Oil rallied