Stocks up on budget hopes; Apple holds down Nasdaq
NEW YORK (AP) — Stocks are closing mostly higher on Wall Street as traders became more hopeful that a budget deal will be reached in Washington.
President Barack Obama said in a speech Wednesday that he thought the budget talks could be resolved in about a week.
The Dow Jones industrial average closed up 83 points at 13,034. It had been up as much as 137 points.
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