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May 15, 2024

Nasdaq hits a record high

By DAMIAN J. TROISE
AP Business Writer

NEW YORK — Stocks rose on Wall Street Tuesday, pushing the Nasdaq composite to another record and leaving the S&P 500 sitting just shy of its own all-time high.

The late gains closed out a mostly wobbly day of trading as investors reviewed a mixed report on inflation and await an even more important inflation update on Wednesday. Stocks have been generally gaining ground in May following a dismal April.


 
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