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November 7, 2012

Stocks rise as investors await winner

NEW YORK (AP) — Major stock-market indexes climbed Tuesday as investors waited for the finish of a closely fought U.S. presidential election.

“We're on pins and needles,” said Phil Orlando, chief equity strategist at Federated Investors, a money management firm. Orlando, who backs Republican Mitt Romney, said he thought the stock-market's gains reflected optimism that Romney could win.


 
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