16-12-2016 15:44 via news.yahoo.com

Wall Street opens higher; Dow closes in on 20,000

The Dow came within 50 points of hitting the historic mark on Thursday and is on track for its sixth weekly gains, a day after the Federal Reserve raised interest rates for the second time in nearly a decade. U.S. stocks have been on a tear since the Nov. 8 presidential election, with the S&P rising 5.7 percent on bets that Trump's plans to deregulate sectors and increase infrastructure spending will boost the economy.
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