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February 9, 2012

U.S. stocks edged higher on Thursday after Greece reached a deal to secure a financial bailout, but investors took a wait-and-see attitude in a market that has become extended after weeks of gains. There's some optimism that Greece has made it this far, but the reaction is muted because we've seen this before and there's still a lot of caution about Europe," said Brian Battle, vice president of trading at Performance Trust Capital Partners in Chicago.

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