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VOL. 45 | NO. 32 | Friday, August 6, 2021

Stocks edge higher as banks, industrials offset tech slide

The Associated Press

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Stocks are ending another jagged day mostly higher on Wall Street Tuesday as gains in banks and elsewhere in the market outweigh a slide in technology companies.

The S&P 500 index rose 0.1% and the Dow Jones Industrial Average rose 0.5%. The Nasdaq slipped 0.5%.

Crude oil rose 2.7% after slumping the day before. Food distributor Sysco surged 6.5% after reporting results that were much better than analysts were expecting.

Kansas City Southern jumped 7.5% after Canadian Pacific raised its offer for the railroad operator, reigniting a bidding war with Canadian National.

The yield on the 10-year Treasury rose to 1.35%.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0