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US stocks rise on hopes for budget deal, Europe

November 19, 2012

NEW YORK -- The U.S. stock market is starting the holiday week with a big gain. The Dow Jones industrial average was up 153 points at 12,741 in the first half-hour of trading Monday. The Standard & Poor's 500 index rose 19, or 1.4 percent, to 1,378. The Nasdaq composite average gained 43, or 1.5 percent, to 2,895.

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