THE MARKETS

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Optimistic that the Federal Reserve Board will soon cut interest rates to spur a sluggish economy, investors pushed the Dow Jones industrial average further into record territory Monday. The Dow rose 33.23 to end the day at 5,304.98. The New York Stock Exchange composite index gained 1.36 to finish at 334.20. On the Big Board, advancers led decliners 1,322 to 969, with 793 unchanged. The technology-heavy Nasdaq composite index rose 1.37 to close at 1,042.33. The Standard & Poor's 500 stocks gained 2.59 to 624.21. The American Stock Exchange market value index gained 2.42 to close at 547.66. In London, gold closed at $405.65, down $1.10.