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Stocks Hit Record Highs

Dow Jones Industrial Average Approaches 17,000 Milestone
Spencer Platt—Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) on June 20, 2014 in New York City.

The records cap a week of growth

Stock markets again hit record highs Friday, with the Dow Jones Industrial Average nearing 17,000 points and the S&P 500 above 1,960. Both indexes were up more than 1% in trading for the week.

Friday marked the third day in a row that the S&P 500 hit an all-time high, following gains earlier in the week. The index is up more than 6% this year. The Dow is up more than 2%.

The 17,000-mark would be an historic milestone for the Dow, which has seen a steady rise since it hit a 6,600 point nadir during the financial crisis.

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