Feb 11, 1998 3:43 PM

Market Wrap

Europe: Trading was strong after Wall Street's record close Tuesday. Frankfurt's DAX was up 1.2 percent and Paris' CAC rose 0.7 percent. London's FTSE 100 rallied in late trading to end up 0.22 percent. USA: In late trading, the Dow set its second straight record high, ending with a gain of 18.94 points to 8314.55. The Nasdaq slipped 0.49 point to 1708.55.

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