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The major market averages have eased off their best levels of the day, but still hold solid gains. The S&P and Dow lead the advance with gains of 0.4% while the Nasdaq trails with a 0.3% gain.
The S&P 500 Technology Index has slipped into negative territory, seeing fractional losses for the session. Despite a plethora of positive comments regarding yesterday's announcement of the iCloud, shares of Apple (AAPL 334.29, -3.75) are among the worst performers in the technology space as they trade down close to 1.1%. The stock has been stuck in a range between $330 and $360 throughout most of 2011 and today's weakness brings the price within a couple dollars of the year's lower bound.
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