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Shutdown News Lifts Markets to Record Highs

Dow rises 142 to 26,214
By Newser Editors and Wire Services
Posted Jan 22, 2018 3:06 PM CST

(Newser) – Stocks closed higher on Wall Street Monday, setting more all-time highs for major US indexes. Technology, energy, and consumer-focused companies contributed most to the gains, per the AP. Microsoft rose 1.8%, Schlumberger jumped 4.4%, and Amazon rose 2.5%. The market got off to a weak start but turned higher at noon after Congress moved closer to ending a government shutdown. The Standard & Poor's 500 index rose 22 points, or 0.8%, to 2,832. The Dow Jones industrial average rose 142 points, or 0.5%, to 26,214. The Nasdaq composite rose 71 points, or 1%, to 7,408. (Read more stock market stories.)

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