utilities stocks: In Toronto, the S&P/TSX composite index rallied 97.57 points at 15,385.27, pushed higher by gains in energy, gold and utilities stocks, according to The Toronto Star. In New York, markets closed at record levels as the Dow Jones industrial average advanced 114.78 points at 19,911.21, moving up for the seventh session in a row. KEVIN LAMARQUE / REUTERS By The Canadian Press Tues., Dec. 13, 2016 North American stock indexes climbed Tuesday as the U.S. Federal Reserve kicked off a two-day meeting on interest rates. The S&P 500 rose 14.76 points to 2,271.72, while the Nasdaq composite added 51.29 points at 5,463.83, lifted by tech stocks such as Apple Inc. Article Continued Below The money is anticipated to be either invested in the businesses or returned to shareholders. Some analysts predict that the bump in technology companies, a sector which didn t fare as well as others during the post-U.S. election rally, may be the result of investors looking forward to tax changes that will bring more cash back from overseas.
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