Nasdaq Again Closes at Record High

Dow slips 31 points
By Newser Editors and Wire Services
Posted Jan 10, 2017 3:13 PM CST
Trader Richard Newman, center, works on the floor of the New York Stock Exchange, Tuesday, Jan. 10, 2017.   (AP Photo/Richard Drew)

(Newser) – Stocks are ending mostly higher on Wall Street as the market recovered following an afternoon stumble, the AP reports. The Nasdaq composite index extended its winning streak to a sixth day Tuesday and closed at another all-time high. Several health care companies posted gains. Illumina, which makes genetic testing equipment, soared 17% after releasing a solid profit and sales forecast. The drugmaker Valeant jumped 7% after saying it will sell more than $2 billion in assets. The Nasdaq composite increased 20 points, or 0.4%, to 5,551. The Standard & Poor's 500 index ended unchanged at 2,268. The Dow Jones industrial average slipped 31 points, or 0.2%, to 19,855. More stocks rose than fell on the New York Stock Exchange. (Read more stock market stories.)

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