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VOL. 39 | NO. 44 | Friday, October 30, 2015
US stocks climb, building on a big gain in October
NEW YORK (AP) — Stocks are closing higher, led by gains in the energy and health care sectors.
Chevron jumped 4.5 percent Monday, the biggest gain in the Dow Jones industrial average. Pfizer was close behind with an increase of 3.7 percent.
Visa lagged the market. The payments processing company slumped 3 percent after announcing a deal to combine with its European counterpart.
Chipotle Mexican Grill fell 2.5 percent. The company temporarily closed its restaurants in Oregon and Washington after an outbreak of E. coli.
The Dow average gained 165 points, or 0.9 percent, to 17,828.
The Standard & Poor's 500 rose 24 points, or 1.2 percent, to 2,104.
The Nasdaq composite climbed 73 points, or 1.5 percent, to 5,127.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.18 percent.