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S&P 500 Ends At 5-Year High After China Data

Description:U.S. stocks rose on Thursday (January 10) and the S&P 500 ended at a fresh five-year high as stronger-than-expected exports from China spurred optimism about global growth prospects. Buying accelerated late in the day after the S&P 500 broke through technical resistance at 1,466.47, which was the market's closing level last Friday and the highest level since December 2007. Financial and energy stocks were the day's top gainers. The financial sector index rose 1.4 percent and the energy sector (1:12)

Source: IBTimesTV

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