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  1. Index rebalancing makes stocks jumpy on Friday

    Stocks were mixed on Friday with a bit of a role reversal for the indices as the Dow led on the upside with a 119-point gain, while the recent leaders, the Nasdaq and the small caps, lagged. There was some late selling that pushed the indices to their lows of the day, which is usually a short-term technical negative, but it was an "inside day" and there was some index rebalancing on Friday so the action may have seemed a little more dramatic than it really was.

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