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The stock market has extended its afternoon advance to a fresh session high. The move has taken the S&P 500 above the 1290 line for the first time since 2008.
Merck (MRK 34.28, -0.42) is a source of weakness in the health care sector as it extends its prior-session sell-off into today's trade.
Meanwhile, Coca-Cola (KO 63.12, -0.28) has weighed down the consumer staples sector after it had put on a relatively solid performance yesterday.
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