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U.S. stocks were mixed today as investors continue to process the potential impact of tax reform and political developments out of Washington, D.C. In corporate news, shares of kidney-care company DaVita rallied after UnitedHealth Group agreed to purchase the company's primary and urgent care services for $4.9 billion. In economic news, increases in both private payrolls and productivity pointed to continued economic expansion, although wage growth rose more moderately. U.S. Treasuries were higher today.
The Dow Jones Industrial Average* was up 118 points or 0.5% to 24,329
The Standard & Poor's 500 Index was up 15 points or 0.6% to 2,652
The NASDAQ Composite Index was up 27 points or 0.4% to 6,840
The 30-year Treasury closed higher at 2.77%. And the 10-year Treasury yield finished higher at 2.38%.
The spot price of gold rose $0.84 to $1,248.12
And the price of crude oil rose $0.67 to $57.36
See our Weekly Market Update.
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