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Post by bot on Jul 11, 2016 20:54:37 GMT -5
U.S. stocks open higher; S&P 500 hits fresh intraday record
U.S. stocks opened higher Monday, on track to close at fresh 2016 highs, as the market continued to build on Friday's gains after June's official jobs report came in significantly above expectations. The S&P traded above its previous all-time closing high, set in May 2015. A rise in oil prices also helped boost risk appetite. The Dow Jones Industrial Average added 50 points, or 0.3%, to 18,200, the S&P 500 index gained 6 points, or 0.3%, to 2,137, while the Nasdaq Composite Index added 25 points, or 0.5%, to 4,983
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