BLUE chip stocks rose to record highs in New York yesterday as bond prices rose following a report of weak factory orders. But lower technology shares dampened gains in the broader market.
At the close on Wall Street, the Dow Jones industrial average was, up 14.23 at 6,560.91, surpassing its previous closing high of 6,547.79 on November 25th.
The Dow opened higher with bonds and gave back half of its 22-point gains in late-morning profit taking but recovered its footing in the afternoon.
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