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Wobbly Day Ends With More Record Highs for US Indexes

Dow, Nasdaq, S&P 500 all edge up
By Newser Editors and Wire Services
Posted Nov 18, 2019 3:00 PM CST
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Specialist Michael Pistillo wears a "Dow 28,000" hat at the close of trading on the floor of the New York Stock Exchange, Friday, Nov. 15, 2019.   (AP Photo/Richard Drew)

(Newser) – Stocks ended a wobbly day with tiny gains on Wall Street, enough to nudge major indexes to more record highs, the AP reports. The market started lower Monday as traders waited for clues about where trade talks between the US and China were headed. Technology companies and makers of consumer products posted some of the bigger gains, while energy stocks lagged as the price of crude oil fell. CoverGirl owner Coty rose 2.6% after the company said it was buying a majority stake in reality TV star Kylie Jenner's beauty business. The S&P 500 edged up 1 point to 3,122. The Dow Jones Industrial Average added 31 points, or 0.1%, to 28,036. The Nasdaq rose 9 points, or 0.1%, to 8,549. (Read more stock market stories.)

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