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Dow closes at record as Fed keeps cutting stimulus

By Steve Rothwell
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Dow closes at record as Fed keeps cutting stimulus

NEW YORK (AP) — The Dow Jones industrial average closed at an all-time high Wednesday as the good narrowly outweighed the bad for the stock market.

After investors took in some solid U.S. company earnings, the latest move from the Federal Reserve and a report of unexpectedly weak economic growth in the first quarter, the stock market managed its third straight day of gains.

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