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27 July 2019 (CNBC online) – S&P 500, Nasdaq notch another record close after strong earnings from Alphabet, Starbucks

(27 July 2019, CNBC online, Fred Imbert)

‘Stocks rose on Friday after strong earnings from tech giants like Alphabet and Intel and a better-than-expected GDP print pushed the S&P 500 to a new all-time high. The S&P 500 gained 0.7% to close at 3,025.86, posting a record high. The Nasdaq Composite also hit an all-time high, rising 1.1% to 8,330.21. The Dow Jones Industrial Average closed 51.47 points higher, or 0.2%, at 27,192.45. The major indexes briefly pared gains after National Economic Council Director Larry Kudlow told CNBC’s “Squawk on the Street ” he would not expect a “grand deal ” to come out of next week’s U.S.-China trade talks. For the week, the S&P 500 and Nasdaq posted solid gains. The indexes climbed 1.7% and 2.3%, respectively. The Dow advanced 0.1% this week.’

Read more at CNBC.com

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