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Many said that today was based on solid economic data, but the markets were already pointed handily north. Today was about traders putting the risk trade back on by buying stocks and buying commodities. Dubai's explosive consequences seem to be mitigated, but that will be determined in time.

Here were the unofficial closing bell levels today:

Dow 10,471.58 +126.74 (1.23%)
S&P 500 1,108.86 +13.23 (1.21%)
Nasdaq 2,175.81 +31.21 (1.46%)

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Closing Bell: The risk-trade back on (AIG, GENZ, NLST, GE, CMCSA, KMP) originally appeared on BloggingStocks on Tue, 01 Dec 2009 16:20:00 EST. Please see our terms for use of feeds.

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