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News Summary: Stocks rise on Wednesday

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The Associated Press | September 11, 2013 04:50 PM EST | AP


SEVEN IN A ROW: The Standard & Poor's 500 index has now risen seven days in a row, and nine of the last 10.

IPHONE DISAPPOINTS: Investors didn't think much of Apple's new iPhone lineup, sending Apple shares down more than 5 percent. Shares of parts suppliers including Qualcomm fell, too.

WHAT'S NEXT: The Labor Department releases weekly jobless claims on Thursday morning.