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  • News Desk
  • Feb 2nd, 2005
  • Comments Off on US Stock: Tuesday’s unofficial close
US stocks rose Tuesday, helped by a more than 6 percent jump in shares of American Express Co after the Dow component said it will spin off its personal finance unit. Exxon Mobil Corp, the world's largest publicly traded oil company, helped push the Standard & Poor's 500 index higher as it rose 2.5 percent to $52.88 a day after it posted the biggest quarterly profit ever for a US company.

The Dow Jones industrial average was up 54.61 points, or 0.52 percent, at 10,544.40. The Standard & Poor's 500 Index was up 6.38 points, or 0.54 percent, at 1,187.65. The technology-laced Nasdaq Composite Index was up 4.56 points, or 0.22 percent, at 2,066.97.

Copyright Reuters, 2005


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