Dow hits four-year high, lifted by factory data
NEW YORK (Reuters) – The Dow closed at its highest level in more than four years on Tuesday after U. S. manufacturing expanded at a faster pace than expected in April, easing jitters about a slowdown in the economic recovery. The Dow now sits at levels not seen since December 2007. The gains leave the benchmark S&P 500 within about 16 points of a high reached in May 2008. A convincing break above that level could set the market up for more gains, traders said. . . .
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