WALL STREET: Stocks extended a record-setting run into a sixth week. Financial, technology and energy stocks rose while healthcare issues declined. The Standard & Poor’s 500 index added 0.2 percent to 2,557.64. The Dow Jones industrial average rose 0.4 percent to 22,956.96. The Nasdaq composite gained 0.3 percent to 6,624.
ANALYST’S QUOTE: Dealers are digesting U.S. inflation data “while keeping an eye on geopolitical risk amidst the deluge of Fed chair speculative headlines,” said Stephen Innes of OANDA in a report. “Also, it’s worth keeping an eye on the expanding laundry list of geopolitical flashpoints,” he said, citing Korea, Iraq, ISIS and U.S.-Turkish tensions. “The Middle East looks like a powder keg waiting to explode.
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