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By Mary Wisniewski CHICAGO (Reuters) - Sitting at the dead end of a west side Chicago street, the vacant Ward elementary school is a gloomy sight. In March, Detroit's school system transferred 77 of its 98 closed schools to the city, which can use federal dollars to tear some down while rehabilitating others, said school spokeswoman Michelle Zdrodowski.
NEW YORK (AP) — U.S. stocks rose in early trading on Wednesday as investors welcomed some encouraging news about the job market. Eight of the 10 industry sectors in the Standard and Poor's 500 index were higher, led by a 1.1 percent jump in telecommunications companies. The buying follows a rise in overseas markets amid hopes of a breakthrough in Greece's protracted discussions with its creditors.