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Stocks close mixed amid oil slide

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(CNBC) — U.S. stocks closed mostly higher Monday, shaking off a decline in oil prices ahead of the Federal Reserve’s meeting later in the week.

 

“Today’s pretty much of a day where people shore up their positions ahead of the meeting,” said JJ Kinahan, chief strategist at TD Ameritrade.

 

“I think it’s very important that the market’s been able to hold in there with all that’s going on (in crude),” he said.

 

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