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Stocks edge up after a 4-week slump; Oil rises after Libyan rebels enter Tripoli

Stocks edge up after a 4-week slump; Oil rises after Libyan rebels enter Tripoli

Stocks are edging higher following a four-week losing streak. The Dow Jones industrial average is up 23 points, or 0.2 percent, to 10,844 in midday trading Monday. It had been up as many as 203 points. The Dow fell 4 percent last week as worries deepened that the U.S. could slip into a recession. The S&P 500 rose less than a point to 1,124. The Nasdaq was up less than a point at 2,342.

 

This may be week stocks' rally runs out of gas

Without a boost from Washington or data showing budding strength in the economy, Wall Street's rally may be running out of fuel as the S&P 500 eases off its 2010 high.

 

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