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Stocks opened on the upside on Wednesday but we've seen a pattern of selling near the open lately, but also some buying toward the close giving us some "V" type of days. The Dow held up and was near the daily highs just before the close but the broader indices floundered a bit and we saw slight to modest losses in a few indices. Small caps lagged with a near 1% loss while the Transports led rallying on a series on decent earnings reports in that index.

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