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Forex News: Stocks Posting Solid Gains, Remain Well Off Highs – U.S. Commentary

September 4th, 2010 Posted in Market Comments

Stocks are up by solid margins in early-afternoon trading on Friday but remain far off their highs as a much worse than expected reading on service sector activity pruned some risk appetite from a market that moved higher in reaction to an upbeat August jobs report.

The major averages have moved roughly sideways since coming off of their highs in morning trading.

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