U.S. stocks surged Tuesday as investors digested stellar economic data that appeared to put the housing and financial crises far in the rearview mirror.
The Dow Jones Industrial Average closed at a record high of 15,409.39, after gaining more than 100 points, or 0.7%. (Tracking the Dow 30).
The S&P 500 rose 0.7%, and the Nasdaq added 0.9%.
At the same time, the yield on the 10-year Treasury note surged above 2.1% — its highest level in more than a year.
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