Chips, Biotechs Boost Nasdaq To Fifth Straight Gain
Stocks marked another day of modest gains in mixed trade Wednesday. The Nasdaq led, boosted by chip and biotech stocks. The composite ended up 0.8% and nearer to its intraday high than the other major indexes. It was another sign that the Nasdaq is leading the current market uptrend. The NYSE composite and S&P 500 each added 0.5%. The Dow closed flat. Trading was slightly higher on the NYSE, but slipped on the Nasdaq. Stocks were stronger earlier
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