Market Watch: Stocks Extend Rally To New Highs
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NEW YORK (CBSDFW) - U.S. stocks extended a rally into a sixth day, bringing new all-time highs for major indexes.
The largest gains went to industries that have been mostly left out of the post-election rally, including health care companies and makers of household goods.
Coca-Cola rose 2.5 percent, the most in the Dow Jones industrial average, after saying its CEO Muhtar Kent would step down next year and be replaced by James Quincey, the company's chief operating officer.
The Standard & Poor's 500 index posted its sixth consecutive gain, its longest winning streak since June 2014.
The Dow rose 142 points, or 0.7 percent, to 19,756.
The S&P 500 climbed 13 points, or 0.6 percent, to 2,259. The Nasdaq composite gained 27 points, or 0.5 percent, to 5,444.
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