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Updated from 4:04 p.m. EDT
Stocks in the U.S. started the fourth quarter with big gains Monday, as traders shook off news from banking giants Citigroup (C Quote) and UBS (UBS Quote) that the late summer credit market meltdown would slice into their results.
The Dow Jones Industrial Average gained 191.92 points, or 1.38%, to 14,087.55, a record close for the blue-chip index. The Dow was last above the 14,000 level on July 19, the only time it had ever finished above that mark.
Among the Dow's 30 components, Verizon (VZ Quote), McDonald's (MCD Quote) and Hewlett-Packard (HPQ Quote) were the best performers, climbing at least 2.4%. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.12 |
Oil *
77.25
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DOWN
154.48
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DOWN
19.14
|
DOWN
37.61
|
DOWN
0.67
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10 Yr
3.21%
SPDR Gold
115.06
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|
-1.48%
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-1.72%
|
-1.73%
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-2.04%
|
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