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Dow Ends Day at Record High

Its first since the summer
By Newser Editors and Wire Services
Posted Nov 4, 2019 3:16 PM CST
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Specialist James Denaro, right, calls out prices to traders at his post on the floor of the New York Stock Exchange, Monday, Nov. 4, 2019.   (AP Photo/Richard Drew)

(Newser) – The Dow Jones Industrial Average closed at its first record high since the summer as the stock market's rally carried into a fifth week, the AP reports. Energy and technology companies did the most to pull the market higher Monday. Chevron rose 4.6% and chipmaker Nvidia rose 3.9%. Under Armour slumped 18.9% after the company confirmed that its accounting practices are being investigated by federal regulators. McDonald's sank 2.7% after its CEO was ousted after violating company policy by having a relationship with an employee. The S&P 500 rose 11 points, or 0.4%, to 3,078. The Dow climbed 114 points, or 0.4%, to 27,462. The Nasdaq rose 46 points, or 0.6%, to 8,433. (Read more stock market stories.)

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