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US Stocks Close Higher

NEW YORK (voa) – U.S. stocks rallied for a second day Tuesday, as a report showing better-than-expected retail sales sent stocks sharply higher.

At the closing bell, the Dow Jones Industrial Average rose 190 points (2 percent) to end the day at 10,299.

The broad market indicator, the S&P 500, rose 23 points (2 percent) to close at 1,097.

The technology-heavy Nasdaq Composite Index climbed 67 points (4 percent) to 1,719.

In London, the Financial Times Index ended the day 35 points higher (0.7 percent) at 5,240, while in Paris the Cac 40 Index was up 72 points (1.6 percent) to 4,447.

The Dax Index in Frankfurt closed 74 points higher (1.5 percent) at 5,049.

New York gold closed at $307.30 per ounce, down from $310.60 on Monday.

The dollar was higher against the other major currencies.

Japanese Share Prices Close Higher

Japanese share prices closed higher Wednesday, while the U.S. dollar fell against the Japanese yen.

Tokyo’s key Nikkei index surged 287 points to finish at 11,643.

In Tokyo currency trading, the dollar was selling at 128.04 yen, down three tenths of a yen from the same time Tuesday.

In Hong Kong, the price of gold fell $2.60 cents to close at $3.45 an ounce.

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