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Stocks are up more than 12% this year. Where do they go from here?
CNN
It's the half-way point of the year and Wall Street has quite the rally to show for itself: The S&P 500 has already reached the target some analysts set for the entire year.
The index, the broadest measure of the US stock market, is up more than 14% in 2021, and just a few points below the 4,300 mark — a target Goldman Sachs (GS) had set for the end of the year. Both the S&P and the Nasdaq Composite (COMP) are at or near record highs. The Nasdaq has advanced nearly 13% this year.
The retired Air Force general announced as the next chairman of the Joint Chiefs of Staff by President Donald Trump after the abrupt Friday night firing of his predecessor is a respected career F-16 pilot who is described by current and former officials who served with him as a professional with a “strong moral center.”
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Over the past 10 days, Vice President JD Vance put Ukrainian President Volodymyr Zelensky on notice, rattled the confidence of century-old allies in Western Europe during his first foreign trip, decamped to Capitol Hill to help in delicate budget talks and delivered a spirited defense of the Trump administration’s first month to a gathering of conservatives outside the nation’s capital.