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US STOCKS CLOSE: In U.S. stocks, the S&P 500 closed up 0.37% at 2,519.36, after
trading in a 2,507.99 to 2,519.44 range. The earlier high was a new record
intraday high and Friday's close was a new life-time high close. At Friday's
close, the S&P 500 was up 12.5% year-to-date. Market players were also
monitoring the Russell 2000 index, which often leads larger stock swings. This
week, the Russell 2000 has been in hot demand, with smaller U.S. companies as
seen as more likely to benefit from lower corporate taxes than larger U.S.
firms. The Russell 2000 was last near 1,491, down from the new record high of
1,493.555 posted earlier. Last month, the index bottomed at 1,349.354 on August
18, the lowest level since April 17, when the Russell 2000 bottomed at
1,345.363. From last month's low to Friday's high, the index was up 10.7%.