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NEW YORK — U. S. stocks rose but closed below their session highs on renewed concerns about Donald Trump’s presidency, after

2017-05-20 0 Dailymotion

NEW YORK — U. S. stocks rose but closed below their session highs on renewed concerns about Donald Trump’s presidency, after<br />two new reports related to a federal investigation into possible coordination between Russia and Trump’s election campaign.<br />Some market participants said that for much of the session, they turned their focus<br />to strong quarterly earnings from companies such as Autodesk Inc and Deere & Co.<br />Software developer Autodesk jumped 14.7 percent and was the biggest percentage<br />gainer on the S&P after reporting better-than-expected quarterly revenue.<br />The Dow Jones Industrial Average was up 141.82 points, or 0.69 percent, to 20,804.84, the S&P 500 had gained 16.01 points, or 0.68 percent, to 2,381.73<br />and the Nasdaq Composite had added 28.57 points, or 0.47 percent, to 6,083.70.<br />But all three indexes clocked losses for the week with the Dow and S&P falling 0.4 percent and Nasdaq off 0.6 percent<br />Position of the Dow Jones industrial average at 1-minute intervals on Friday.<br />Paul Nolte said that I’m sure some of (the move) is related to that, and the fact<br />that Trump is going to be out of the country and nobody’s quite sure what he’s going to do,<br />Separately the New York Times reported that Trump told Russian officials at the White House<br />that firing FBI Director James Comey relieved "great pressure" from the ongoing probe.

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