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NEW YORK – U.S. stocks rose for the third day in a row Tuesday, led by banks, retailers and technology companies. The rebound over the last few days follows a harrowing drop of more than 10 per cent over the previous two weeks.
On Tuesday:
The Standard & Poor’s 500 index climbed 6.94 points, or 0.3 per cent, to 2,662.94.
The Dow Jones industrial average picked up 39.18 points, or 0.2 per cent, to 24,640.45.
The Nasdaq composite jumped 31.55 points, or 0.5 per cent, to 7,013.51.
The Russell 2000 index of smaller-company stocks added 3.97 points, or 0.3 per cent, at 1,494.95.
For the week:
The S&P 500 is up 43.39 points, or 1.7 per cent.
The Dow is up 449.55 points, or 1.9 per cent.
The Nasdaq is up 139.02 points, or 2 per cent.
The Russell 2000 is up 17.11 points, or 1.2 per cent.
For the year:
The S&P 500 is down 10.67 points, or 0.4 per cent.
The Dow is down 78.77 points, or 0.3 per cent.
The Nasdaq is up 110.12 points, or 1.6 per cent.
The Russell 2000 is down 40.56 points, or 2.6 per cent.
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