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S&P 500 surges on housing starts, jobless claims

6:28 AM, Jan 18, 2013   |    comments
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NEW YORK (AP) - Investors appear more optimistic about the U.S. economy following yesterday's strong reports on housing starts and unemployment claims.

The Standard and Poor's 500 index climbed to another five-year high on Thursday. The S&P gained 8 points to close at 1,480.94, its highest level since December 2007. The Dow Jones industrial average also rose, climbing to a five-year high during the day, before falling back to finish nearly 85 points higher at 13,596. The Nasdaq composite climbed 18..







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