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Stocks End Bumpy Quarter With a Gain

S&P 500 is up 1.2% for the quarter
By Newser Editors and Wire Services
Posted Sep 30, 2019 3:04 PM CDT
In this Sept. 18, 2019, file photo trader James Denaro works at the New York Stock Exchange.   (AP Photo/Mark Lennihan, File)

(Newser) – Stocks rose on Wall Street, capping another turbulent quarter with modest gains, the AP reports. Technology and health care stocks led the way Monday. Apple rose 2.4% and Merck added 1.4%. Banks and energy companies lagged the rest of the market. Raymond James lost 1.3% and ConocoPhillips fell 1.6%. Some signs of progress in the US-China trade war helped lift stocks. China said Sunday that its top negotiator will lead talks that are expected to take place after October 7. The S&P 500 rose 14 points, or 0.5%, to 2,976. It rose 1.2% for the quarter. The Dow Jones Industrial Average rose 96 points, or 0.4%, to 26,916. The Nasdaq rose 59 points, or 0.8%, to 7,999. The yield on the 10-year Treasury held steady at 1.67%. (Read more stock market stories.)

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