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Stocks Eke Out Small Gains

Nasdaq, S&P 500 edge up, Dow slips
By Newser Editors and Wire Services
Posted Jul 9, 2019 3:16 PM CDT
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Trader Benjamin Tuchman works at the New York Stock Exchange, Friday, July 5, 2019 in New York.   (AP Photo/Mark Lennihan)

(Newser) – Stocks are closing with small gains, avoiding a third straight decline, the AP reports. Technology and internet stocks led the winners Tuesday. Twitter rose 3.3% and Advanced Micro Devices rose 3.5%. Industrial companies and consumer products were the laggards. 3M fell 2% and Procter & Gamble lost 1%. Acacia Communications jumped 35% after the company agreed to be acquired by Cisco Systems. The S&P 500 index rose 3 points, or 0.1%, to 2,979. The Nasdaq gained 43 points, or 0.5%, to 8,141. The Dow Jones industrials lost 22 points, or 0.1%, to 26,783, partly due to the loss for 3M. The market's movements have lacked conviction this week as investors await two days of congressional testimony by Fed Chair Jay Powell. (Read more stock market stories.)

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