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Dow Ends Day Up 197

S&P 500 also closes higher, while Nasdaq slips
By Newser Editors and Wire Services
Posted Jul 24, 2018 3:00 PM CDT
Traders Fred DeMarco, left, and Michael Urkonis work on the floor of the New York Stock Exchange, Tuesday, July 24, 2018.   (AP Photo/Richard Drew)

(Newser) – Stocks are ending mostly higher after several big US companies turned in strong quarterly results, the AP reports. Google's parent company Alphabet climbed 3.9% and Harley-Davidson jumped 7.7%. Drugmaker Biogen rose 4.1%. Appliance maker Whirlpool plunged 14.5% after its results came in well under analysts' forecasts. The company said tariffs on imported steel and aluminum were hurting its profits. Small-company stocks, which have been beating the rest of the market this year, turned lower. The S&P 500 index rose 13 points, or 0.5%, to 2,820. The Dow Jones Industrial Average rose 197 points, or 0.8%, to 25,241. The Nasdaq composite slipped 1 point to 7,840. (Read more stock market stories.)

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