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August 22, 2017

Stocks inch higher; calm week expected

  • REITs were the best-performing sector of the 11 that make up the S&P 500.
  • By STAN CHOE
    AP Business Writer

    NEW YORK — U.S. stocks inched higher Monday, as the Standard & Poor's 500 index steadied following back-to-back losses the last two weeks.

    This week may be a calmer one for the stock market, after an uncharacteristically bumpy stretch shook what had been an incredibly smooth ride higher for stocks this year. Few market-moving events are on the calendar this week, and the highlight will likely arrive when central bankers from around the world gather in Wyoming as the weekend approaches.


     
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