On Thursday, the U.S. stocks closed higher, with the Dow Jones Industrial Average gaining 242.74 points, or 0.64 percent, to reach 38,049.13. The S&P 500 also increased by 25.61 points, or 0.53 percent, closing at 4,894.16. The Nasdaq Composite Index rose by 28.58 points, or 0.18 percent, ending at 15,510.5.
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