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Standard & Poor's


03/27/15 04:30:39 PM

S&P Market Commentary

... NEW YORK (AP) U.S. market indexes are ending a tough week with modest gains. The slight increases on Friday weren't enough to keep the market from having its second-worst week this year. The price of oil plunged 5 percent, ending a week of strong gains. The Dow Jones industrial average rose 34 points, or 0.2 percent, to 17,712. The Standard & Poor's 500 index rose four points, or 0.2 percent, to 2,061. The Nasdaq composite rose 27 points, or 0.6 percent, to 4,891. The Dow slumped 2.3 percent for the week. The S&P 500 lost 2.2 percent. Oil dropped $2.56 to close at $48.87 a barrel. Cruise operator Carnival jumped 6 percent after reporting income that beat analysts' forecasts. Bond prices rose. The yield on the 10-year Treasury note fell to 1.96 percent.


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