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Stocks boosted by strong profit reports from Wall Street banks
Stocks boosted by strong profit reports from Wall Street banks

NEW YORK — Investors pushed major U.S. indexes to a fresh round of all-time highs this week after strong profit reports from Wall Street banks were seen as another sign that the economy is improving. Citigroup Inc., Goldman Sachs and Morgan Stanley all reported that their investment banking business did big business during the second quarter. Analysts viewed that as a sign companies are turning to major financial firms to raise money and expand. Bulls hope that stronger corporate profits will help the underlying value of stocks and keep this year's rally going. It also would help the market stand on its own, instead of being propped up by the Federal Reserve's stimulus...

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