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March 12, 2013 7:21 AM EST

Wall Street rose modestly on Monday, lifting the Dow to another record high and giving the S&P 500 its seventh straight advance as early weakness enticed buyers. The buying briefly lifted the benchmark S&P 500 index to its highest intraday level since October 2007.

The Dow Jones industrial average <.DJI> rose 50.30 points, or 0.35 percent, to end unofficially at 14,447.29, another closing high for the blue-chip index. The Standard & Poor's 500 Index <.SPX> rose 5.04 points, or 0.32 percent, to finish unofficially at 1,556.22. The Nasdaq Composite Index <.IXIC> gained 8.51 points, or 0.26 percent, to close unofficially at 3,252.87.

(Reporting by Ryan Vlastelica; Editing by Jan Paschal)

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