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Politics

Another Record for Stocks – Not a Good Definition of “a Crisis”

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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By Ezra Grant

I'm just tired of the lies and nonsense coming from the GOP, so this is my little contribution to combat the nonsense!

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