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October 20, 2016

Modest gains for stocks as oil prices rise

By ALEX VEIGA
AP Business Writer

Oil and gas exploration companies led U.S. stocks modestly higher Wednesday, giving the market its second gain in two days.

Energy stocks, already the best-performing category this year, got a boost from U.S. crude oil prices, which climbed to $51.60 a barrel, the highest level in 15 months. Companies that make consumer products were the biggest laggards.


 
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