US Stocks-S&P 500, Nasdaq close up in Santa Claus Rally

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According to preliminary data, the S&P 500 gained 42.96 points, or 0.70 per cent, to end at 5,972.23 points, while the Nasdaq Composite gained 192.29 points, or 0.98 per cent, to 19,764.89. The Dow Jones Industrial Average rose 61.59 points, or 0.14 per cent, to 42,901.85.