October 18, 2017
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Wall Street Gains As Financials Surge

NEW YORK (Reuters)


U.S. stocks climbed on Friday, with the S&P 500 closing just short of a record high, boosted by gains in financial shares as President Donald Trump moved ahead with deregulation action and by a strong payrolls report.

The Dow Jones Industrial Average <DJI> rose 185.52 points, or 0.93 percent, to end at 20,070.43, the S&amp;P 500 <SPX> gained 16.43 points, or 0.72 percent, to 2,297.28 and the Nasdaq Composite <IXIC> added 30.57 points, or 0.54 percent, to 5,666.77.

(Reporting by Chuck Mikolajczak; Editing by James Dalgleish)