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Stocks rallied Thursday to their highest levels in at least 8 months, as investors eyed the latest batch of better-than-expected profit reports or forecasts and a report that suggested the labor market is starting to stabilize.
Building on what could be one of Wall Street's strongest monthly performances ever, the Dow soared 175 points and the Nasdaq Composite turned positive year-to-date Thursday thanks to big gains from tech stocks and retailers.