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02-03-2011, 01:51 PM | #1 |
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Dow Jones Newswires: http://online.wsj.com/article/BT-CO-...31-716949.html
U.S. stocks rose in the final session of the strongest January in years, sloughing off worries over the unrest in Egypt as investors took heart that the Suez Canal was still open. A better-than-expected round of U.S. economic data also helped bolster the market. The Dow Jones Industrial Average climbed 68.23 points, or 0.58%, to 11891.93. The measure rose 2.72% in January, marking its first January advance in four years and its best January performance in 14 years. The Nasdaq Composite Index advanced 13.19 points, or 0.49%, to 2700.08. It rose 1.78% on the month, snapping a string of three straight January declines. The Standard & Poor's 500 stock index added 9.78, or 0.77%, to 1286.12. It climbed 2.26% in January, representing its first January gain since 2007 and its best January performance since 2006. |
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