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06Jan2017 Market Close: Wall Street Closes Fractionally Higher, DOW Up 65 Points, Crude Prices Remain Volatile, US Dollar Stronger, U.S. Employment Increased Less Than Expected

Friday, January 6, 2017 14:47
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Written by Gary

Wall Street closed higher (SPY +0.4%) after the three major indexes set historical highs earlier in the session. The DOW came within $0.32 of 20K for the first time, boosted by a rise in Apple shares and extending a two-month rally fueled by optimism that U.S. President-elect Trump’s policies will bolster the economy.

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