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Market Commentary

Stocks drift in listless session

13:56

Stocks remain range-bound in what has been a listless trading session. With the big advance of yesterday, some consolidation may not be unexpected. Each of the major averages is lower by roughly 0.2%. Declining stocks are slightly ahead of advancing stocks by 5:4 while down volume is further ahead of up volume. Oil prices continue to fall and are down another 2.6% to approach $49 per barrel.

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