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Stock indexes close higher, breaking a three-day slump
Stock indexes close higher, breaking a three-day slump

U.S. stocks rebounded Thursday, snapping a three-day losing streak for the Dow Jones industrial average and the Standard & Poor's 500 index. Encouraging data on the U.S. job market and inflation helped lift the market, pushing the S&P 500 to a record high. The Dow came within 36 points of its own record. The indexes are up for the month and year. Technology and consumer staples stocks were among the biggest gainers. The price of U.S. oil fell on continuing concerns about high global supplies. The Dow rose 191.75 points, or 1.1%, to 18,252.24. The S&P 500 index gained 22.62 points, or 1.1%, to 2,121.10. That's three points higher than its previous closing high of...

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