(Bloomberg) — The historic rally in US stocks continued to power ahead, with the S&P 500 closing within a striking distance of 5,000.
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Gains on Wednesday were fueled by a renewed surge in big tech and a strong sale of 10-year Treasuries that dimmed supply concerns. While bonds barely budged, equities extended their bull run on prospects that a solid economy will continue fueling corporate profits. In late trading, Walt Disney Co. and Arm Holdings Plc jumped on upbeat…
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