THE MARKETS

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Dow Jones industrial average up 17.49 points, closing at 3,849.24 . . . N.Y.S.E.'s composite index gained 0.58 to 254.39 . . . NASDAQ stock lost 1.83 to 755.63 . . . American Stock Exchange fell 1.45 to 453.78 . . . Gold dropped $1.80 to $394.30 on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.79 percent, up from 7.78 late Friday.