A horrific week around the globe did little to discourage investors--that is, the few who were actually trading. The Nasdaq reached a level it hadn't seen since March 2000, the S&P 500 had its 28th record close of the year, and the Dow industrials' gains took the index above 17,000 once again. The Russell 2000, which has struggled much of the summer, came within a hair of returning to positive territory year-to-date. Meanwhile, the benchmark 10-year Treasury yield rose as demand fell.
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