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S&P Tops 4,000 as Bull Markets Rolls On

EQUITIES
  • US equity markets trade uniformly positively Thursday, with tech outperforming to help the NASDAQ rise over 1.5%. Gains of close to 1% in the S&P 500 helped tip the index over 4,000 to hit new all-time highs.
  • Better oil prices helped flatter energy names, which was the top performing sector in the S&P 500 Thursday. Communication services and tech weren't far behind, with defensive utilities and healthcare the sole sectors in the red.
  • Across Europe, continental stocks saw decent support, with broad-based gains across French, German and Swiss equity markets. Spain's IBEX-35 lagged slightly, closing broadly flat.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
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