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SW Wisconsin | The S&P 500 on Friday finished at its highest level on record — the latest development in what has been a remarkable comeback from the precipice of a bear market.Markets hit new highs Friday, fueled by optimism over trade and budget developments and overcoming a volatile spell in the afternoon driven by renewed tensions with Canada.
The S&P 500 and Nasdaq Composite closed at record highs, as investors continue to discount the economic threat posed by the trade war and Middle East instability. The gains mark a historic rebound from April's tariff-driven turmoil.
The Dow industrials rose 432.43 to 43819.27, within 3% of its January high. | |
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Canada Trade
