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U.S. stocks gain on ISM data; Dow snaps losing streak
FXstreet.com (San Francisco) - U.S. stocks closed in green on
Tuesday after a better-than-expected Institute for Supply
) services index suggested a stronger U.S. economic recovery.
The ISM services-sector index rose to 53.7% in May from 53.5% in April. The Dow added 26.49 points, or 0.2%, to 12,127.95. The S&P 500 gained 7.32 points, or 0.6%, to 1,285.50. The Nasdaq Composite closed 18.10 points higher, or 0.7%, to 2,778.11.