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Stock Market News Update for Friday, October 22, 2010

Friday saw the U.S. stock market cap a third straight week of gains as encouraging earnings helped the market sustain upward momentum, led by Baidu Inc (NASDAQ:BIDU), the latest tech company to beat estimates.

After the dollar pushed it on a wild ride earlier this week, Wall Street barely moved on Friday, with the Dow trading in a tight range of just 50 points.

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