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Markets Rise, but 4-Week Winning Streak Is Snapped

Dow climbs 183 points
By Newser Editors and Wire Services
Posted Jan 25, 2019 3:15 PM CST
In this Jan. 18, 2019, file photo, specialist Michael Pistillo works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks closed higher on Wall Street Friday but still wound up with a weekly loss, ending a four-week winning streak. The S&P 500 index rose 22 points to 2,664, the Dow Jones Industrial Average climbed 183 points to 24,737, and the Nasdaq added 91 points to 7,164, per the AP. Technology and industrial stocks wound up with the biggest gains. Apple climbed 3.3% and Boeing added 1.7%. Retailers, energy companies, and makers of basic materials all did better than the broader market. Those industries and stocks tend to do better when economic growth improves. Starbucks jumped 3.6% after reporting strong sales. (Read more stock market stories.)

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