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June 14, 2019
Gains in energy and internet companies helped drive stocks broadly higher on Wall Street Thursday, snapping a two-day losing streak for the market in an otherwise choppy week of trading.
The gains were initially fueled by rising oil prices, which boosted energy companies following a suspected attack on two oil tankers in the strategic Strait of Hormuz. The sector sustained its gains as a mix of media, internet and consumer-oriented companies took the lead in pushing every major index higher. Small company stocks rose more than the rest of the market.
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