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June 24, 2020

Stocks head for a 3rd monthly gain

By ALEX VEIGA and DAMIAN J. TROISE
AP Business Writers

Stocks closed higher on Wall Street Tuesday, extending the market's recent winning streak after another strong showing by technology companies.

The S&P 500 rose 0.4% and is on pace for its third straight monthly gain. The Nasdaq composite, which is heavily weighted with technology stocks, climbed to an all-time high for the second day in a row. Bond yields rose, another sign of increasing confidence in the economy.


 
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