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MARKET UPDATE

[BRIEFING.COM] The major averages hover near their respective flat lines after slumping from their opening highs.

The technology sector (+0.8%) continues trading well ahead of the remaining groups, but the earnings-driven strength of the sector has not translated into buying interest in other areas of the market. Outside of technology, only consumer staples (+0.2%), and utilities (+0.6%) trade in the green.

On the downside, the health care sector (-0.5%) lags amid renewed ... More

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