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Wall Street, seeking direction as the S&P 500 has been stuck in a narrow trading range for 12 days, will next week shift its attention from second-quarter corporate earnings reports to economic data. Investors will be looking for signs of economic strength to reinforce the positive direction hit Friday, when the S&P 500 hit an intraday record high. The overall tone will be of an economy that is getting better at a reasonable pace," said John Manley, chief equity strategist at Wells Fargo Funds Management in New York.
PHILADELPHIA (AP) — Fresh off a spirited convention, Hillary Clinton told prospective voters Friday they face a "stark choice" in November and pressed ahead with the scalding rhetoric against her Republican rival that marked many of the speeches in Philadelphia. Another distraction arose, however, as her aides acknowledged that a hacking attack that exposed Democratic Party emails also reached into a computer system used by her own campaign.