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Wall Street Gains After Positive News

Wall Street added to yesterday’s gains today after better-than-expected first-quarter profits at Dow Chemical and an unexpected fall in initial jobless claims fuelled optimism.
Dow Chemical, the largest US chemical maker, jumped 16.4% to $15.72 a share this afternoon after producing first-quarter profits (excluding certain one-off items) of 12 cents a share. That was significantly better [...]