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Market Wrap for Tuesday, April 30: Stocks Shrug Off Early Losses, Close Near Session Highs

The U.S. stock market was resilient again on Tuesday. Stocks traded lower in early trade, before rising throughout the rest of the day to finish near session highs.Gains for the Dow and S&P were muted, but the Nasdaq tacked on 0.66 percent. Investors were heartened by a sharp rise in consumer confidence for April and a report which showed home prices continue to jump throughout much of the country.Major AveragesThe Dow Jones Industrial Average climbed 21 points, or 0.14 percent, to 14,840.The S&P 500 climbed around 4 points, or 0.25 percent, to close just below 1,598.The Nasdaq rose 22 points, or 0.66 percent, to 3,329.Chicago PMIManufacturing in the Chicago region contracted in April for the first time since September 2009. Chicago PMI fell from 52.4 in March to 49.0 in April. The consensus expected a decline to 52.0.Consumer ConfidenceConsumer confidence jumped sharply in April. The Conference Board's index jumped from 59.7 in March to 68.1 for April. This was well above the consensu...

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  1. Texas Roadhouse Up 8.5% On Earnings

    Texas Roadhouse Inc. shares were up 8.5% after the steakhouse-restaurant operator reported first-quarter results that surpassed most analyst estimates.Copyright © 20...

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  5. A Taste of Texas in Dubai

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