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"When everybody is at the beach, it takes a louder bang to get the BlackBerries to start humming," Kelly said. Sluggish economic growth figures from Japan, the world's third-largest economy, disappointed investors and weighed on the stock market in early trading. The 2.6 percent annualized second-quarter growth rate recorded in Japan was below the 3.8 percent rate recorded in the first quarter and the 3.6 percent predicted by analysts. Japan's main stock index, the Nikkei, fell 0.7 percent on the news. In commodities trading, the price of gold rose $22, or 1.7 percent, to $1,334.20 an ounce. Silver gained 93.2 cents, or 4.6 percent, to $21.34 an ounce. Among mining stocks, Newmont Mining advanced $1.39, or 4.7 percent, to $30.90. The price of oil fell 14 cents, or 0.1 percent, to $106.11 a barrel. The yield on the 10-year Treasury note rose to 2.62 percent from 2.58 percent Friday. The dollar rose against the euro and the Japanese yen. In deal news, BlackBerry gained $1.02, or 10.5 percent, to $10.78. Steinway climbed $3.36, or 9.3 percent, to $39.59 after an investment firm topped an earlier offer from Kohlberg & Co. Dole rose 68 cents, or 5.3 percent, to $13.49, after the company's CEO said he would take the company private in a deal that values it at $2.1 billion. Among other stocks making big moves: Krispy Kreme rose $1.12, or 5.2 percent, to $22.52 after the stock was upgraded by an analyst at Janney Capital Markets on the expectation that the company will have stronger sales growth than previously expected. Sysco, a food distributor, fell $2.02, or 5.8 percent, to $32.99 after the company said its net income fell 9 percent due to higher operating expenses and restructuring charges. Vical plunged $2.05, or 57 percent, to $1.53 after the drug developer said its potential cancer treatment failed in a late-stage study and that it would shift its focus to infectious disease vaccines.
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