NEW YORK (AP) - Stocks around the world climbed on Thursday, and U.S. indexes hit records as markets continued a rally sparked after the United States and Iran appeared to step away from the edge of war.
Money flowed into riskier investments, such as technology stocks, and trickled out of traditional hiding spots for investors when they’re nervous, such as gold.
A measure of fear in the stock market had its largest drop in a week.
The S&P 500, Dow Jones Industrial Average and Nasdaq all set records as the market's focus turns to the health of the economy and corporate profits.
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