Stocks Climb on Monday
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iStock/Thinkstock(NEW YORK) — Stocks closed higher on Monday, continuing an upward climb from last week.
The Dow Jones Industrial Average went up 16.05 points, closing at 16,569.98. The Nasdaq went up 30.43 points, ending the day at 4,401.33, and the S&P 500 gained 5.33 points to 1,936.92.
Business leaders in Nevada want a special legislature session by the end of the year to put together an incentive package to help lure Tesla Motors to build a $5 billion battery factory in the state.
Gas prices have dropped an average of $0.06 per gallon over the last two weeks. National gas prices now sit at around $3.52 per gallon.
And more people are traveling — Priceline says its profit for the second quarter was up by 32% and shares were up 2%.
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