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Dow Ends Day Up 98

US stocks close higher
By Newser Editors and Wire Services
Posted Jun 28, 2018 3:00 PM CDT
Trader Gordon Charlop, left, and John Panin work on the floor of the New York Stock Exchange, Thursday, June 28, 2018.   (AP Photo/Richard Drew)

(Newser) – US stocks are closing higher Thursday as gains for technology companies and banks help the market recover some of the previous day's losses, the AP reports. Health care stocks fell after Amazon.com said it will buy online pharmacy PillPack. Drugstores, prescription drug distributors and others sank. CVS fell 6.1% and Express Scripts fell 1.5%. Amazon also rolled out a program to allow contractors around the country to deliver its packages. Amazon rose 2.6%, while UPS fell 2.3% and FedEx lost 1.3%. The S&P 500 index added 16 points, or 0.6%, to 2,716. The Dow Jones Industrial Average rose 98 points, or 0.4%, to 24,216. The Nasdaq composite gained 58 points, or 0.8%, to 7,503. (Read more stock market stories.)

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