The S&P 500 hit a five-month high and the Dow rose for a fifth consecutive session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season.

The Dow Jones Industrial Average .DJI rose 80.29 points, or 0.32 percent, to 25,200.18, the S&P 500 .SPX gained 6.07 points, or 0.22 percent, to 2,815.62, and the Nasdaq Composite .IXIC dropped 0.67 point, or 0.01 percent, to 7,854.44.


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