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U.S. stocks advance to records amid Fed stimulus speculation

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U.S. stocks advanced, with the Standard & Poor’s 500 Index poised for a record close, as investors awaited data this week on jobs and economic growth for clues on when the Federal Reserve will cut stimulus. Time Warner Inc. gained 2.5 percent after reporting profit that surpassed analysts’ estimates. Ralph Lauren Corp. climbed 3.7 percent after the apparel maker boosted the lower end of its...

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