Investors See Good News in Steady U.S. Economic Progress

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Stocks posted a fifth straight week of gains, with the exceptions of Japan and the U.K. U.S. stocks rose broadly as the Dow and S&P 500 turned positive for the year. Investors saw good news in the slow but steady U.S. economic progress and in the FOMC decision to not raise interest rates. That decision allowed the U.S. dollar to depreciate somewhat against other currencies; oil prices rebounded and gold prices rose. The ten-year U.S. Treasury note yield briefly touched 2.00%, settling Friday at 1.88%.

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