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US stocks move broadly higher in late-afternoon trading

U.S. stocks moved broadly higher in late-afternoon trading Friday, placing the major indexes on course for new highs.

U.S. stocks moved broadly higher in late-afternoon trading Friday, placing the major indexes on course for new highs. Technology companies, banks and health care stocks were among the biggest gainers. Investors were encouraged by signs that the Republican-backed tax overhaul bill was making progress in Congress. They also weighed the latest batch of company earnings news.

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