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Stocks gapped down to start the new week yesterday, and after a morning attempt to rally back, the indices drifted lower for most of the rest of the day, closing with moderate losses, although a late rally took them off the lows of the day. The Dow, down over 200-points at its lows, closed with a loss of 84. The S&P 500 gave up the ghost as it fell below the key 50-day moving average again.

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