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Stocks Hit Record Territory After ECB Rate Cuts

(New York, NY) — Stocks are closing in record territory after the European Central Bank cut its rates in a bid to fight deflation. Investors are also anticipating positive jobs numbers tomorrow. The Dow Jones Industrial Average rose 98 points to close at 16-836. The S&P continued its record climb, adding 12 points to finish at 19-40. The Nasdaq added 44 points at 42-96.