Stocks leap; trade data, health-care stocks help
Jan. 7, 2014, 11:21 a.m. EST
"NEW YORK (MarketWatch) â U.S. stocks rallied on Tuesday, helped by data showing a smaller-than-expected trade gap and gains by health-care stocks following an upgrade for UnitedHealth Group Inc.
"Firmer overseas markets also provided a lift, and traders absorbed a Federal Reserve official calling for gradual stimulus reduction.
"The S&P 500 SPX +0.54% gained 12 points, or 0.6%, to 1,838, working to snap the three-day losing streak that it has endured at the start of 2014. The benchmark index is climbing back toward its record closing level of 1,848.36 hit Dec. 31. "
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Jan. 7, 2014, 11:21 a.m. EST
"NEW YORK (MarketWatch) â U.S. stocks rallied on Tuesday, helped by data showing a smaller-than-expected trade gap and gains by health-care stocks following an upgrade for UnitedHealth Group Inc.
"Firmer overseas markets also provided a lift, and traders absorbed a Federal Reserve official calling for gradual stimulus reduction.
"The S&P 500 SPX +0.54% gained 12 points, or 0.6%, to 1,838, working to snap the three-day losing streak that it has endured at the start of 2014. The benchmark index is climbing back toward its record closing level of 1,848.36 hit Dec. 31. "
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