An End To The Slide

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The Dow Jones industrial average posted significant gains last week, climbing back across the psychologically important 10,000 barrier to end at 10,191 for the week, up 2.3 percent. The Dow rebounded after four straight losing weeks on news of higher earnings among blue chips and a drop in oil prices to less than $40 per barrel. In light trading Friday before the long weekend, blue chips Verizon and Altria were down, while Intel and McDonald’s posted decent gains.

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