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Dow, S&P close at records – Intel up 4%

(CNBC) U.S. stocks closed at highs on Thursday after encouraging domestic data alleviated concerns over continued signs of slowing growth in Europe and China.

The Dow Jones Industrial Average and S&P 500 both ended the day at records.

Intel led blue chips by gaining more than 4 percent after the technology firm reported an upbeat outlook for 2015 revenue and raised its dividend. The California-based company has benefited from a stabilizing personal computer market.