Dow Ends Day Up 39
Post-election rally losing steam
By Newser Editors and Wire Services
Posted Nov 11, 2016 3:16 PM CST
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Executive Floor Governor Rudy Mass, center, and specialist Peter Giacchi, right, call out prices for Weatherford, on the floor of the New York Stock Exchange, Wednesday, Nov. 9, 2016.   (AP Photo/Richard Drew)

(Newser) – Stocks are closing mostly higher on Wall Street as a post-election rally loses steam, the AP reports. Energy companies fell Friday as the price of crude oil turns lower. Murphy Oil slumped 5%. Retailers and technology companies moved higher. Chipmaker Nvidia soared after reporting strong results. The Dow Jones industrial average gained 39 points, or 0.2%, to 18,847. The Standard & Poor's 500 index slipped 3 points, or 0.1%, to 2,164. The Nasdaq composite added 28 points, or 0.5%, to 5,237. Bond trading was closed in observance of Veterans' Day.

 

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