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Mid-Session Stock Market Summary for Monday, December 20, 2010

Stocks moved between gains and losses Monday as a strengthening dollar offset a few M&A deals in the technology and defense sectors.

Despite the slim losses, the three major indexes continue to hover near their highest levels since 2008. The S&P 500 rose to a fresh two-year high at the start of the session Monday morning, while the Dow and the Nasdaq touched two-year highs last Friday, as President Obama signed a tax-cut plan into law. Stocks have been trending higher since the compromise deal was announced.

 

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