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May 7, 2024

Strong gains for stocks

By STAN CHOE
AP Business Writer

NEW YORK — U.S. stocks rose Monday and added to their gains from last week, as technology companies once again led the way.

The S&P 500 rose 52.95, or 1%, to 5,180.74. The Dow Jones Industrial Average added 176.59, or 0.5%, to 38,852.27, and the Nasdaq composite jumped 192.92, or 1.2%, to 16,349.25.


 
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