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The major equity averages continue to gradually reclaim their gains, but they haven't yet returned to the session highs that were set almost two hours ago.
For the second straight session the Nasdaq Composite has a nice lead over its two counterparts. In fact, its gain is more than triple that of the Dow. The Nasdaq's strength is largely owed to a rebound in tech issues, namely semiconductor stocks, which are collectively up 2.0%.
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