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The stock market closed at a fresh record high on Monday as investors bought the dip that was sparked by a new attack on the Federal Reserve’s independence.
Both the S&P 500 index
SPX and the Dow Jones Industrial Average DJIA gained 0.2% to finish at record highs of 6,977.32 and 49,590.20, respectively, according to Dow Jones Market Data. The technology-heavy Nasdaq Composite Index COMP gained 0.3%, or just 0.9% below its record close booked in late October.
This post was originally published on Market Watch
