Stocks Post Best Gain Since June
New York AP reports the Dow Jones rose 13.35 to 896.09 on heavy volume 1206 million shares. The gain breaks the June peak, signaling potential further advance and an attack on the 1967 high of 903.96 as confidence grows after Congress halted a nationwide railroad strike.
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Market gains lift stocks as economy grows in second quarter
U S output rose 9 billion to 77.3 billion yearly rate signaling resumed expansion. Strong performances in steels motors rubbers and other groups boosted investor confidence with mixed results across sectors. AP stock lists and market snapshots accompany the report showing a generally positive outlook.
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Associated Press
Market report cites year highs and utilities gains
The text notes 13 new highs for the year and utilities added. Of 1,482 issues traded, RN2 rose while 475 fell. New highs for the year totaled 151 and new lows 12.
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