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VOL. 39 | NO. 11 | Friday, March 13, 2015

Stocks break a 3-week slump and end higher; oil price sinks

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NEW YORK (AP) — U.S. stocks are closing higher after three straight weeks of losses.

Health care and utilities stocks had the biggest gains Monday.

The Dow Jones industrial average rose 228 points, or 1.3 percent, to 17,977.

The Standard & Poor's 500 index gained 27 points, or 1.4 percent, to 2,081. The Nasdaq composite climbed 57 points, or 1.2 percent, to 4,929.

The market is coming off three weeks of declines. Traders will be watching a Federal Reserve meeting this week for insight into when the central bank might start raising interest rates. Low rates have boosted stocks for six years.

Oil fell to a six-year low on expectations that rising supplies in the U.S. are outpacing demand.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.08 percent.

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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