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Stocks hold close to record levels

A stock market surge took a pause Monday after investors pushed indexes to record levels last week.

By Steve Rothwell | Updated on May 20, 2013

NEW YORK (AP) — A stock market surge took a pause Monday after investors pushed indexes to record levels last week.

Investors will be watching the Federal Reserve this week for clues about what it plans to do next with its economic stimulus program. On Wednesday Federal Reserve Chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy meeting.

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