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Ugly Week Ends Green as Techs, Banks Rally.
Wall Street concluded its worst week in nearly two months on an upbeat note Friday as the Dow inched higher and the Nasdaq Composite soared almost 1.5% amid a pair of upbeat earnings reports from tech stalwarts Oracle and Research in Motion. The Dow Jones Industrial Average rose 20.63 points, or 0.20%, to 10328.89, the Standard & Poor's 500 added 6.31 points, or 0.58%, to 1102.39 and the Nasdaq Composite picked up 31.64 points, or 1.45%, to 2211.69.
The Dollar rose across the board on Friday but during the second half of the American session pulled back from multi-month high against European currencies. The Euro was the worst performer among majors.
Dow KAGI & RENKO still consistent but will be threatened if the Dollar's momentum picks up.
Keep an eagle eye on the greenback if you don't want 2b caught with your pants down.
HAPPY WEEKEND
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