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The stock market has slipped off of its session high. Still, overall gains remain strong as financials (+1.6%), energy (+1.3%), and materials Stocks (+1.7%) continue to provide considerable support.
But there were some laggards, including KB Home (KBH 10.16, -1.76), that is down about 15% in response to disappointing earnings for the latest quarter.
Family Dollar (FDO 53.85, +0.83) also reported earnings results that came short of Wall Street's consensus estimate, but the stock has managed to rally back from its opening gap down.
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