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December 29, 2017

New high for Dow

By ALEX VEIGA
AP Business Writer

U.S. stock indexes wrung out a modest gain during another quiet session on Wall Street Thursday, nudging the Dow Jones industrial average to a new high ahead of the final trading day of 2017.

Financial stocks accounted for much of the market's gains. The sector benefited from rising bond yields, which help banks because it enables them to charge higher interest rates on loans.


 
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