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Growth stocks broadly rallied, but overall market breadth was narrow.
The Dow Jones index gained on Tuesday, hitting fresh highs as cooling oil prices pushed industrials and materials stocks higher and calmed inflation worries ahead of the U.S. Fed rate meeting due on Wednesday.
NEW YORK (AP) — A cooldown in oil prices on Friday helped release some of the pressure that’s built up on Wall Street, and U.S. stocks closed out their first winning week in the last three. The S&P 500 added 0.5% to break a three-day losing streak marked by big swings due to rising yields in the bond…