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Published June 02, 2009, 07:54 AM

Dow, S&P 500, Nasdaq all rise

By: The Associated Press, The Jamestown Sun

The Dow rose 221.11, or 2.6 percent, to 8,721.44. The Standard & Poor’s 500 index rose 23.73, or 2.6 percent, to 942.87. The Nasdaq composite index rose 54.35, or 3.1 percent, to 1,828.68.

Benchmark crude for July delivery rose $2.27 to settle at $68.58 a barrel on the New York Mercantile Exchange, the highest close since early November.

In other Nymex trading, gasoline for June delivery rose 2 cents to $1.915 a gallon and heating oil rose 9.89 cents to settle at $1.7765 a gallon. Natural gas for June delivery jumped 41.4 cents to settle at $4.249 per 1,000 cubic feet.

In London, Brent prices rose $2.45 to settle at $67.97 a barrel on the ICE Futures exchange.

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