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MARKETS SNAPSHOT FOR 10/01/19

NASDAQ-Adv: 1,735 Dec: 1,373 NYSE-Adv: 1,818 Dec: 1,155 (Source: Nasdaq)

 

Wall Street extended its rally into a fifth straight session on Thursday with whipsaw trading as investors responded to mixed comments by U.S. Federal Reserve Chairman Jerome Powell, while a warning from Macy’s pummeled retail stocks.

The Dow Jones Industrial Average .DJI rose 119.27 points, or 0.5 percent, to 23,998.39, the S&P 500 .SPX gained 11.5 points, or 0.44 percent, to 2,596.46 and the Nasdaq Composite .IXIC added 28.99 points, or 0.42 percent, to 6,986.07.

Source: Reuters (Reporting by Noel Randewich; editing by Jonathan Oatis)

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