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Market Wrap for April 22: Stocks Rise Moderately to Begin Week

The U.S. stock market rose on Monday to start the week.The lone domestic economic report was existing home sales, which edged down and missed consensus estimates. Investors will primarily be focused on corporate earnings reports this week after the S&P 500 recorded its largest loss of the year last week.The market was led by the Nasdaq Composite on Monday, while the Dow Jones Industrial only recorded a very small gain.Major AveragesThe Dow Jones Industrial Average rose a little less than 20 points, or 0.14 percent, to 14,567.The S&P 500 added a little better than 7 points, or 0.47 percent, to just above 1,562.The Nasdaq Composite climbed more than 27 points, or 0.86 percent, to 3,234.Existing Home SalesExisting home sales fell 0.6 percent from 4.95 million in February to 4.92 million in March. This represented a gain of 10.3 percent on a year over year basis and compared to consensus estimates of 5.01 million.CommoditiesCrude oil rose along with stock to start the week on Monday. NYMEX...

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