Dow extends record-setting streak to seven days
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A television screen on the floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, on Wednesday, March 13, 2013. The Dow Jones Industrial Average set a new record closing for the seventh straight day Wednesday as US stocks registered small gains. -- PHOTO: AP
NEW YORK (AFP) - The Dow Jones Industrial Average set a new record closing for the seventh straight day on Wednesday as US stocks registered small gains.
The Dow added 5.22 points (0.04 per cent) at 14,455.28, also its ninth straight day of gains.
The broad-based S&P 500 rose 2.04 (0.13 per cent) at 1,554.52, while the tech-rich Nasdaq Composite edged up 2.80 (0.09 per cent) to 3,245.12.
Trade was slower as the overall market sought direction. Stocks gained support from a report of stronger-than expected retail sales in February, which grew 1.1 per cent from January, though partly due to higher gasoline prices.
