Stocks Manage Mild Gains on Strong Housing Data
NEW YORK (TheStreet) -- The major U.S. equity averages overcame weakness in the tech sector to close in positive territory Wednesday as strength in housing starts prompted a rally in basic materials stocks.
The Dow Jones Industrial Average gained more than 5 points, or 0.04%, to finish at 13,557. The blue-chip index, which has now built its winning streak up to four days, ran as low as 13,469 during the session.
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