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The Journal Gazette

Tuesday, August 20, 2013 5:38 pm

News Summary: Stocks end four-day sell-off

The Associated Press

DROP STOPPED: The Standard & Poor's 500 index and the Nasdaq composite advanced for the first time in four days. The Dow closed lower for the fifth day in a row.

YIELDS STOP CLIMBING: After hitting a multi-year high on Monday, the yield on the 10-year Treasury note fell to 2.82 percent from 2.88 percent the day before.

BEST BUY JUMPS: The electronics retailer rose $4.07, or 13.2 percent, to $34.80, the biggest gain in the S&P 500. Best Buy said it earned 32 cents per share in the last three months, better than the 12 cents per share analysts expected. Most of the growth came from cutting costs and focusing on online sales.