Nasdaq moves into record territory as stocks gain

April 23, 2015 6:43 PM

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The Nasdaq composite crossed into record territory as U.S. stocks turned higher in afternoon trading Thursday, despite mixed earnings reports from General Motors, Proctor & Gamble and others.

After a sluggish morning, the Nasdaq moved above its record close of 5,048.62 from March 2000 shortly before noon. In afternoon trading the index was up 31.76 points, or 0.6 percent, at 5,067.

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