Bank and commodity shares led the benchmark Standard & Poor’s 500 Index to a fresh five-year closing high on Tuesday on hopes that the global economy continues to mend.
The Dow Jones industrial average rose 62.51 points, or 0.46 percent, to 13,712.21 at the close. The S&P 500 gained 6.58 points, or 0.44 percent, to 1,492.56. The Nasdaq Composite added 8.47 points or 0.27 percent, to 3,143.18.
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