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Wall Street

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NEW YORK (AP) — Stocks closed mostly higher on a quiet Monday following two reports that showed the manufacturing industries of the world’s two largest economies expanded last month.

Both the Dow Jones industrial average and the Standard & Poor’s 500 index were able to set record highs for a second trading day in a row.

The Institute for Supply management said U.S. manufacturing grew at a brisk pace last month, correcting its earlier statement that growth had slowed. Investors…

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