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Stock market live updates: Stocks rise slightly, Another S&P record, Target jumps 12%

The S&P 500 hit a new all-time high during Wednesday’s session. The move builds on Tuesday’s strength, which saw the benchmark index hit a new record for the first time since February, thereby erasing all of the coronavirus-induced losses. The Nasdaq Composite also hit a new high on Wednesday amid strength in the technology sector.

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