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Morning Comment

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  • 11/30/2016 Stocks managed a small gain yesterday despite weakness in the oil market as traders worried that the Vienna OPEC meeting would end with no deal. 
  • 11/23/2016 The rally continued yesterday as the Dow Jones Industrial Average closed above 19000 and the S&P 500 closed above 2200 for the first time. 
  • 11/21/2016 Stocks fell a bit on Friday as the 10-year Treasury yield rose to a new 2017 high. The bifurcated equity market continues with banks and financials leading the way while consumer staples, health care, utilities and REITs trail.