U.S. stocks hold small gains despite escalating tensions in Iraq

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NEW YORK, June 13 (Xinhua) — U.S. stocks managed to close modestly higher in seesaw trading session Friday, brushing off mounting geopolitical uncertainties in Iraq. The Dow Jones Industrial Average rose 41.55 points, or 0.25 percent, to 16,775.74. The S&P 500 was up 6.05 points, or 0.31 percent, to 1,936.16. The Nasdaq Composite Index advanced 13.02 points, or 0.30 percent, to 4,310.65. U.S. President Barack Obama said Friday that “we will not be sending U.S. troops back into combat in Iraq,”…

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