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U.S. stocks are resuming a steady climb amid humdrum economic recovery
U.S. stocks are resuming a steady climb amid humdrum economic recovery

Stagnant wages. Slow economic growth. Stubborn unemployment. Economists call the prevailing gray economic landscape the new normal. Wall Street has another name for it: "Good times." Having shaken off a momentary scare in October over fears that included European economic stagnation and the Ebola virus, U.S. stock market indexes have resumed a gradual but steady march upward toward record levels, riding an American economic recovery that is neither too faint nor, for investors, too robust. Stocks have adjusted to the new normal quite nicely, analysts said, and trading is rounding out the year in something of a sweet spot. The humdrum recovery, even with better-than-expected...

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