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Stocks Give Up Gains, Close Lower After Relief Optimism Wilts TheStreet 12/29/2020 © TheStreet Stocks Give Up Gains, Close Lower After Relief Optimism Wilts Stocks finished lower, as early optimism over President Donald Trump s signing of the coronavirus relief package wilted when Senate Majority Leader Mitch McConnell (R-Kentucky) thwarted efforts to increase direct payments to hurting Americans. Popular Searches Leading the Dow 30 lower: Apple , off 1.3%, and Home Depot, down 1.1%. Intel shares jumped on Tuesday after hedge fund Third Point urged the chipmaker to assess strategic alternatives, including possibly separating its design and manufacturing arms. Shares of the Santa Clara, Calif., company closed up 4.9%.

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