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US, Japanese Stocks Soar in 2013

U. S. and Japanese stock markets posted strong gains in 2013 as investors were encouraged by central bank efforts to make it easier to buy homes, equipment and other goods by pushing down interest rates and promising to keep them there for a while. Japan's Nikkei was up 57 percent in 2013, the best performance in decades. In the United States, the S&P 500 began the last day of trading in 2013 on track for a 29 percent annual gain. The Dow and the NASDAQ also headed for major...

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