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Stocks Edge Down in Midday Trading     08/28 11:36

   U.S. stocks are drifting between small gains and losses in midday trading 
Friday, at the end of a volatile week.

   (AP) -- U.S. stocks are drifting between small gains and losses in midday 
trading Friday, at the end of a volatile week.

   Stocks fell heavily in the first two days of trading this week on concerns 
about the health of China's economy. The market then rebounded over the next 
two days as investors decided the sell-off was overdone.

   The Dow Jones industrial average fell 52 points, or 0.3 percent, to 16,595 
as of 12:07 p.m. Eastern time Friday.

   The Standard & Poor's 500 index slipped six points to 1,981. The Nasdaq 
composite rose dropped 11 points, or 0.2 percent, to 4,800.

   U.S. oil prices moved sharply higher for a second day.

   Bond prices were little changed. The yield on the 10-year benchmark Treasury 
note edged down to 2.17 percent from 2.18 percent. 


(KA)


 
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