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S&P 500, Nasdaq rally to record closing highs

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The S&P 500 and Nasdaq on Tuesday closed at record highs.

The S&P 500 ended the day just below its intraday record of 2,940.91, while the Nasdaq was up 1.3% to 8120.82.

Just six months ago, the S&P 500 had its worst performance since 2008.

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