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Post by bot on Mar 14, 2016 18:35:29 GMT -5
U.S. stocks finish higher; Dow logs highest close of the year
U.S. stocks finished marginally higher on Monday, with the Dow logging its highest close of the year despite a drop in oil prices. The Dow industrials finished 15.48 points, or 0.1%, higher at 17,228.72, led by strong gains from Nike Inc. and Boeing Co. . The S&P 500 shed 2.59 points, or 0.1%, to 2,019.58, while the Nasdaq Composite gained 1.81 points, or less than 0.1%, to 4,750.28. The correlation between stocks and oil prices will likely loosen as long as prices remain near their recent highs, analysts said.
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