U.S. Stocks Set Records After Jobs Data as Banks, Energy Rally
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U.S. stocks advanced to new highs after weekly applications for unemployment benefits unexpectedly declined and investors assessed earnings from Coca-Cola Co. and Kellogg Co. to Twitter Inc.
The S&P 500 Index rose 0.6 percent to 2,307.87 at 4 p.m., while the Dow Jones Industrial Average gained 118 points to 20,172. The Nasdaq Composite and Nasdaq 100 both closed at records.