THE MARKETS

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The Dow Jones industrial average shot up 41.55 to close the day at 5,216.47. The New York Stock Exchange composite index rose 1.37 to 331.17. On the Big Board, advancers led decliners 1,453 to 981, with 666 unchanged. Volume was moderately heavy with 414.66 shares traded. The technology heavy Nasdaq composite index also rose Wednesday 3.57 to 1,055.64. The Standard and Poor's 500 stocks rose 2.91 to 621.69. The American Stock Exchange market value index was up 3.32 to 538.86. In London, gold closed at $387.85, off $0.80.