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Sunday, December 5, 2021

Stocks Edge Up as Investors Shake Off Inflation Concerns

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A rebound in shares of technology companies helped push the S&P 500 and Nasdaq Composite higher Wednesday, as investors shrugged off concerns about elevated inflation.

The S&P 500 rose by 10.76 points, 0.2%, to close at 4701.46. The Nasdaq Composite gained 70.09 points, or 0.4%, to end at 15845.23. The Dow Jones Industrial Average, in contrast, lost 9.42 points, or less than 0.1%, to finish at 35804.38.

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