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S&P 500 reaches record; Treasurys gain, emerging markets slump

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U.S. stocks rose, with the Standard & Poor’s 500 Index climbing to a record, as retailers led gains amid optimism about the holiday shopping season. Emerging market stocks extended the longest slump in seven years while Treasuries advanced and oil rebounded from a five-month low. The S&P 500 increased 0.5 percent to 1,777.25 at 3:35 p.m. in New York, reclaiming its record on a closing...

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