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S&P 500 hits record on dividend stocks, Ukraine
S&P 500 hits record on dividend stocks, Ukraine

A surge in dividend-rich utility stocks helped push the Standard & Poor's 500 index close to a record Friday. Investors bought up the stocks after the government reported that U.S. employers added fewer jobs than forecast for August. That boosted demand for bonds and pushed down their yields. In turn, stocks with big dividends became more attractive to investors seeking income-paying securities. The stock market also got a lift from a cease-fire agreement between Ukraine and Russian-backed separatists, aimed at bringing an end to nearly five months of fighting. Stocks had slumped at the beginning of August amid worries that the conflict in Ukraine would spiral out of control and...

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