U.S. stock indexes finish at two-week highs

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U.S. stock indexes finish at two-week highs
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- U.S. stocks on Wednesday climbed to two-week highs after a cease-fire deal was reported in the Gaza Strip, with the S&P 500 index and Nasdaq Composite extending gains into a fourth day. "I think the year-end rally is near, or has actually begun," said Jeffrey Saut, chief investment strategist at Raymond James. The Dow Jones Industrial Average rose 48.38 points, or 0.4%, to 12,836.89. The S&P 500 index gained 3.22 points, or 0.2%, to 1,391.03. "The 1,390 level on the S&P 500 has proven time and again to be a key 'energy level,' both on the downside and now on the upside for the markets," Saut said. The Nasdaq Composite climbed 9.87 points, or 0.3%, to 2,926.55.