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US stocks rise and trim their losses for June

NEW YORK (AP) — U. S. stocks rose Tuesday and trimmed their losses in what had been a rocky June. The S&P 500 gained 0. 8%, though it still fell to its first losing month following two fabulous ones. The Dow Jones Industrial Average added 136 points, or 0. 3%, to its record, and the Nasdaq composite climbed 1. 5%. The main reason for the past month’s weakness was a fall to Earth for stocks in the artificial-intelligence industry. After soaring to tremendous heights in the frenzy around...

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