Stocks Finish Solidly Higher

The major indexes climbed to new 52-week highs as investors cheered upbeat data on the housing sector and strong December-quarter earnings

The major stock indexes reached new 52-week highs on Monday, each finishing up more than 1%. Trading was in a narrow range for much of the session, but a late-session buying spree pushed the market higher. Better-than-expected existing home sales data for December lifted sentiment, as did positive December-quarter earnings news from companies.

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