NEW YORK: The blue-chip Dow ended at its highest level in about 19 months for the fourth straight day on Friday, while the Nasdaq and the broad Standard & Poors 500 index declined, in whipsaw trading driven by witching, the expiration of various derivative contracts.
Market players had been braced for heightened volatility due to the expiration of stock options, index options, index futures and single-stock futures.
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