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US Stock Indexes End Slightly Higher

Dow edges up 11 points
By Newser Editors and Wire Services
Posted Apr 29, 2019 3:20 PM CDT
In this March 11, 2019, file photo trader John Panin, right, works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks eked out modest gains on Wall Street, enough to push the S&P 500 and Nasdaq indexes a bit further into record territory, the AP reports. Banks and communications companies did the best Monday, offsetting weakness in retailers and high-dividend companies like real estate and utilities. Bank of America rose 1.4% and Facebook added 1.7%. Simon Property Group fell 1.6%. Occidental Petroleum fell 1.9% after Anadarko said it would consider Occidental's buyout offer. Anadarko has already accepted a rival bid from Chevron. The S&P 500 index rose 3 points, or 0.1%, to 2,943. The Dow Jones Industrial Average rose 11 points, less than 0.1%, to 26,554. The Nasdaq climbed 15 points, or 0.2%, to 8,161. (Read more stock market stories.)

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