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Dow Reaches Record as Internet Stocks Rebound

Dow Reaches Record as Internet Stocks Rebound (Bloomberg)

Following a three-day downturn, Internet shares bounced back today, sending the Dow to a record. “The market is just trying to find footing,” Jerry Braakman, chief investment officer of First American Trust in Santa Ana, California, said. “You’ve seen the market changing its mind throughout the day quite a bit recently. That’s indicative of people trying to search for direction.”

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