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Stocks Push Toward Record Highs As Summers Drops Out

wochit business
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September 16, 2013 AT 9:30 AM
Stocks are pushing towards all-time highs on the news that Larry Summers withdrew his name for consideration to replace Ben Bernanke when the Fed Chairman's second term ends early next year. President Obama first floated the idea of a Summers nomination several months ago to the considerable displeasure of many in Washington DC and Wall Street.