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Stocks Rally End Year With New Highs On Wall Street
The market rose on a year end rally with major indices hitting fresh peaks. The Dow gained to a record close above 5773, while the broader market and industrials advanced. traders cited stronger European currencies and improving world trade as bullish factors. Trading volume was about 3.79 million shares, with gains led by American Standard, General Motors, and Stanford Oil, while oils and aerospace lagged.
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