Major U.S. indexes notched a trifecta of records Friday to cap off another meteoric week for stocks. Stocks mostly rose over the last week, as surging optimism around a steadily expanding U.S. economy and expectations that companies will report strong corporate profits for the fourth quarter powered indexes to new heights. The Dow Jones Industrial Average added more than 500 points for a second consecutive week, a first for the blue-chip index in nearly 18 years, as the S&P 500 logged its second straight week of more-than 1% gains.
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