• Stock market » S&P 500, Dow Jones extend record highs
    November 23, 2013, 13:34 GMT

    Stocks on the American exchanges extended their rally, with the Standard & Poor’s 500 Index registering its seventh consecutive weekly gain. The S&P 500 was led higher by burgeoning healthcare stocks, which jumped 1.2 percent. Drug-makers Biogen Idec (NASDAQ:BIIB) and Gilead Sciences (NASDAQ:GILD) advanced 14.15 percent and 3.69 percent, respectively. Biogen Idec registered its biggest

  • US stocks failed to extend their post-FOMC rally as investors digest the Federal Reserve’s latest decision to keep the pace of record stimulus the same. The Standard and Poor’s 500 hit a new record high in the late hours of Wednesday trading, but by Thursday, the exuberance had faded. Market participants reacted to the latest

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