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Post by bot on Apr 29, 2014 0:38:38 GMT -5
U.S. stocks close higher NEW YORK (MarketWatch) -- The U.S. stock market finished Monday's roller-coaster session generally higher. The main indexes swung wildly between gains and losses with the Dow Jones Industrial Average trading in a 187-point range. Investors welcomed deal news among telecoms and pharmaceutical companies, as well as stronger-than-expected housing data in early morning trade. Heavy selling of Internet and biotech stocks dragged markets down in late morning, only to recover by late afternoon. The S&P 500 ended the day 6.03 points, or 0.3%, higher at 1,869.43. The Dow Jones Industrial Average closed 87.28 points, or 0.5% higher at 16,448.74. The Nasdaq Composite closed virtually flat, down a point at 4,074.40.
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