Short Week, Slight Gains

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U.S. stocks posted slight gains over a holiday-shortened week. Markets in Asia were mostly down on news that leading Chinese brokerages were being investigated for rules violations. European stocks declined somewhat in sympathy but still posted the best gains for the week. Gold and oil prices continued to fall. The ten-year U.S. Treasury yield, which began the week at 2.26 percent, eased to 2.22 percent by Friday’s market close.

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