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August 28, 2006 S&P 500 Near Three-Month High

There's nothing so screwed up in the stock market that a bond rally can't fix. The 10-year yield got down to 4.78% on Friday. The S&P 500 is poised for its highest close of the summer. If the market holds up, this will be the highest close since May 11.

Posted by edelfenbein at August 28, 2006 2:31 PM

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