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The benchmark index is on track to close at a new, all-time-high Thursday, as investors cheered on a batch of encouraging updates, including solid US economic data, Micron's (MU) upbeat earnings, and China's pledges of more stimulus. Fed Chair Jerome Powell is also expected to deliver a statement Thursday along with other Fed speakers.
The Dow Jones Industrial Average (^DJI) rose 0.6%, while the S&P 500 (^GSPC) added about 0.3% after both gauges slipped back from all-time highs in the prior session. The tech-heavy Nasdaq Composite (^IXIC) gained close to 0.3% amid a sharp spike in Micron's shares.
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