Stocks End Mixed on Positive Data

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– National

Positive data on inflation and the housing market sent stocks mostly higher Thursday, with the Dow and S & P; 500 posting nearly five-year highs for the third straight session. But a jump in oil prices moderated gains, and the Nasdaq finished lower.


The Dow Jones Industrial Average jumped 43.47, or 0.4 percent, to 11,253.24, its highest close since May 22, 2001. The Standard & Poor’s 500 Index rose 2.31, or 0.2 percent, to 1,305.33, also its best close since May 22, 2001. The Nasdaq Composite Index fell 12.28, or 0.5 percent, to 2,299.56.


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– Local


Local movers were led by Ryland Group Inc, which gained 2.8 percent to $69.31, Digital Insight Corp., which rose 5.1 percent to $35.43, and KB Home, which climbed 2.5 percent to $66.74. On the down side, International Rectifier Corp. fell 3 percent to $39.09, Amgen Inc. lost 1.4 percent to $73.84 and Computer Sciences Corp. slipped 1.7 percent to $56.50.

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