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Investors Cheer Strong Week for Stocks
Thanks to big gains in stock prices, the Dow Jones Industrial Average and Standard and Poor’s 500 Index moved from negative to positive year-to-date returns. Both indexes gained nearly 2½%. The gains were broad based with foreign stocks and small company shares also faring very well. /p>
Investors are by and large an optimistic lot. While it’s enjoyable to see stocks rise as mightily as they did last week, keep in mind that despite all the recent gains we so fondly recall, stocks have little to show for it so far in 2018.