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VOL. 40 | NO. 27 | Friday, July 1, 2016
US stocks end strong week with tiny gains
ALEX VEIGA, AP Business Writer
NEW YORK (AP) — Stocks closed out a big week with minor gains as markets stage a comeback after a swoon following Britain's historic vote to leave the European Union.
The U.S. market ended the week up 3 percent Friday, its biggest weekly gain since November. British stocks have regained all the ground they lost since the vote last week, and U.S. stocks have come close.
Consumer-focused stocks rose more than the rest of the market. Netflix jumped 5.7 percent.
The Dow Jones industrial average rose 19 points, or 0.1 percent, to 17,949.
The Standard & Poor's 500 index gained 4 points, or 0.2 percent, to 2,102. The Nasdaq composite climbed 19 points, or 0.4 percent, to 4,862.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.44 percent.