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Stocks Rise for 3rd Straight Day

Dow ends day up 264
By Newser Editors and Wire Services
Posted Nov 1, 2018 3:20 PM CDT
In this Oct. 24, 2018, file photo specialist Peter Mazza, left, and trader Anthony Carannante work on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks rose again on Wall Street, extending a rebound into a third day following a dismal October, the AP reports. Technology and consumer-focused companies put up some of the biggest losses Thursday. Chipmakers did especially well after taking a beat last month. Intel added 2.9% and Nvidia climbed 3.5%. Amazon recovered 4.2%, but is still down 18% from the all-time high it reached in early September. Chemicals maker DowDuPont jumped 8.1% after reporting a strong quarter. The S&P 500 index rose 28 points, or 1.1% to 2,740. The Dow Jones Industrial Average climbed 264 points, or 1.1%, to 25,380. The Nasdaq composite rose 128 points, or 1.8%, to 7,434. (Read more stock market stories.)

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