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Apple earnings extend 'scary good' US stock rally

A trader works on the floor of the New York Stock Exchange on the morning of October 30, 2015Banner earnings from Apple, a big drugstore merger and another twist in the Federal Reserve’s message on interest rates highlighted a week that produced modest gains for US stocks. Major indices lodged their fifth straight week of gains, with the Dow Jones Industrial Average ending up 16.84 (0.10 percent) to 17,663.54. The gains pushed major indices up more than eight percent for October, a “scary good” month after a dreadful third quarter, said Briefing.com analyst Patrick O’Hare.

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