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Updated from 4:40 p.m. EDT
Financials helped two of three major indices in New York record modest gains Thursday after a slate of somewhat improved economic data and remarks from Treasury Secretary Tim Geithner on the proposed financial system overhaul.
The Dow Jones Industrial Average finished up 58.4 points, or 0.7%, to 8555.60, while the S&P 500 was higher by 7.66 points, or 0.8%, at 918.37. The Nasdaq Composite, however, was just slightly lower, down 0.34, or 0.02%, at 1807.72.
Among movers on the Dow, Bank of America(BAC Quote) and JPMorgan Chase(JPM Quote) were up 4.9% and 4.4%, respectively. And the KBW Bank index added 3% as financials rebounded from Wednesday's 22-bank downgrade. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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