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February 9, 2012

Another up day on Wall Street

NEW YORK (AP) — Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.

The Dow Jones industrial average gained 5.75 points to close at 12,883.95 after falling as much as 60 points at midday. It was the Dow's highest close since May 19, 2008, the last time it finished above 13,000.


 
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