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Nasdaq edges up to record, GM falls

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New York - Wall Street stocks scored modest gains on Tuesday, with the Nasdaq inching up to a fresh record, even while petroleum-linked shares and General Motors tumbled.

Analysts said earnings were broadly beating expectations, a sign of the improving economy.

But at the same time, FTN Financial chief economist Chris Low said there is a "sense that momentum behind Trump's biggest proposals is fading."

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