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Market Snapshot: S&P 500 rises for fifth straight day as stocks end higher after upbeat earnings

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U.S. stocks closed higher Tuesday, adding to the largest four-day stretch of gains since late July for both the S&P 500 index and Nasdaq Composite, with companies reporting solid third-quarter earnings despite the spread of the coronavirus delta variant and supply-chain disruptions.

What did major indexes do?What drove the market?

Equities rose as corporate earnings largely overshadow worries about supply-chain disruptions, though investors keep watching for signs that profit margins may be hurt by increased costs for transportation,…

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