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(Newser)
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Shares close higher on Thursday as investors become cautiously optimistic, the US and China can progress in future trade negotiations, reports the AP. The S & P 500 gained 3 points, or 0.3%, at 3,009, driven by technology and consumer driven companies, although the recovery lost momentum in the final minutes of the year. negotiation. Microsoft has increased by 1% and PayPal has added 3%. Amazon shares rose 1.1%, while Hasbro rose 1.8%. Energy was the weakest sector, with oil prices falling 1% to 55.09 dollars a barrel. Marathon Oil fell 3.4%. Dow Jones industrial stocks rose 45 points, or 0.2%, to 27 182 points after rising about 170 points. The Nasdaq gained 24 points, or 0.3%, to 8,194. The bonds fell. The 10-year Treasury yield rose from 1.73% a day earlier to 1.78%. (Read more stories from the stock market.)
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