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Nasdaq Pares Losses, Trade Rises; Qihoo At New High
The major indexes continued moving on separate tracks, with economic data and earnings reports applying general upward pressure, while the Nasdaq remained hamstrung by Apple (AAPL). The Dow Jones industrial average jumped 0.7%. The S&P 500 climbed 0.4% and the Nasdaq struggled just below the break-even line. Trade picked up on the Nasdaq, rising 19% as both Apple and the overall index worked to pare gains after a gap-down opening. NYSE trade
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