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US Stock Indexes Close Broadly Higher

Dow ends day up 212
By Newser Editors and Wire Services
Posted Apr 16, 2018 3:04 PM CDT
US Stock Indexes Close Broadly Higher
Traders Eric Schumacher, left, and Craig Esposito confer on the floor of the New York Stock Exchange, Tuesday, April 10, 2018.   (AP Photo/Richard Drew)

(Newser) – Stocks are closing broadly higher as technology, health care and industrial companies post solid gains, the AP reports. Microsoft rose 1.2% Monday and UnitedHealth Group jumped 2.7%. Truck and engine maker Navistar jumped 9.8% after Reuters reported that Volkswagen might buy the company. Advertising conglomerate WPP sank 4.7% after Martin Sorrell said he would step down as CEO. The S&P 500 index rose 21 points, or 0.8%, to 2,677. The Dow Jones industrial average rose 212 points, or 0.9%, to 24,573. The Nasdaq composite climbed 49 points, or 0.7%, to 7,156. The price of oil fell. The yield on the 10-year Treasury note held steady at 2.83%. (Read more stock market stories.)

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