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U.S. stocks close at record highs on upbeat earnings

Xinhua, August 12, 2016 Adjust font size:

U.S. stocks rallied Thursday, with all three major indices refreshing their new closing highs, as Wall Street digested a batch of positive earnings reports amid economic data.

The Dow rose 0.64 percent, and the S&P 500 increased 0.47 percent, while the Nasdaq added 0.46 percent. Endit