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Another round of broad-based buying has the stock market back near its one-month high and on pace for a quarterly gain of about 5%.
Telecom stocks have been the best performers over the past few sessions. Blue chips Verizon (VZ 38.84, +0.55) and AT&T (T 30.87, +0.82) have been leaders in the space. Their strength has also helped take the Dow to within close reach of the 33-month high that was set in February.
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