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Rally stalled?

7:01 AM, Feb 11, 2013   |    comments
A sign for Wall Street is seen just outside the New York Stock Exchange.(Photo: Timothy A. Clary, AFP/Getty Images)
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NEW YORK (AP) - The major stock indexes finished Friday trading with gains, but for the week were relatively flat, suggesting the 2013 rally may be losing steam.

Traders were encouraged by a 21 percent decline in the U.S. trade deficit, but trading was thin as a winter storm blanketed the Northeast with snow.

The S&P 500 index rose eight points at 1,518, the highest point since November 2007. The Nasdaq composite rose 29 points to 3,194.

The Dow added 49 points to close at 13,993 on Friday. But the bluechip index finished the week lower for the first time this year.

 

 

 

 

 

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