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STOCKS START JUNE WITH TINY GAINS

  • Writer: Editor Desk
    Editor Desk
  • Jun 1, 2016
  • 1 min read

After surprising to the upside last month, stocks closed almost unchanged on the first trading day of June as Wall Street weighed the economic health of China with a third straight month of slow but expanding U.S. manufacturing. After rallying 1.5% in May -- a month that kicks off what historically has been the worst six-month stretch for stocks -- the broad Standard & Poor's 500 index rose 0.1% to close at 2099.33. The Dow Jones industrial average, which fell nearly 90 points Tuesday and edged up 2 points, or less than 0.1%, to 17,789.67. The Nasdaq composite, which sprinted ahead 3.6% in May, also rose 0.1% to finish at 4952.25.

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