Stocks end a bumpy day slightly higher as oil prices drop again [Los Angeles Times (CA)]
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Source: Los Angeles Times
Stocks end a bumpy day slightly higher as oil prices drop again U.S. stock markets eked out a small win Monday despite investors being on edge because of the U.S.-China trade dispute and Britain's heightening Brexit crisis. Markets were also initially dragged lower by banks and Apple. The iPhone maker was ordered by a Chinese court to stop selling some of its late-model phones in the country after a ruling that it had infringed on patents held by Qualcomm. In a grim turn in morning trading, the Dow Jones industrial average dropped more than 500 points, or 2%, seemingly on track for its second straight rout. By day's end, however, it had climbed back into positive territory and closed up 34.31 points, or 0.1%, to 24,423.26. The Standard & Poor's 500 index finished up 4.64 points, or 0.2%, to 2,637.72, and the Nasdaq composite rose 51.27 points, or 0.7%, to 7,020.52. Stocks were whipsawed, first driven down by the news British Prime Minister Theresa May was putting off a key parliamenta
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