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Wall Street marks Veterans Day

Dow sets record again

Associated Press

NEW YORK: The Dow Jones industrial average rose to another all-time high Monday on Wall Street.

The Dow rose 21.32 points to 15,783.10 The index has closed at a record 35 times this year.

The Standard & Poor’s 500 index gained 1.28 points to 1,771.89, just 0.06 point below its own record high reached on Oct. 29. The Nasdaq composite rose 0.56 points, less than 0.1 percent, to 3,919.79.

Stock trading volume was among the lowest of the year, and bond markets were closed for Veterans Day. Traders on the floor of the New York Stock Exchange held a moment of silence in observance of the holiday.

The Dow has advanced five straight weeks and is up 20 percent in 2013. The last time the Dow had a bigger gain for a whole year was 2003, when it rose 25 percent. Given that the market is “up hugely” this year, investors may be hesitant to put more money into stocks, said Andres Garcia-Amaya, a global market strategist at JPMorgan Funds.



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