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1:00PM: Just like it has for most of today's session, the market remains stuck in a rut not making much way one way or another... This hesitancy has been incited by valuation fears, as well as talk of an eventual increase in interest rates... In its yesterday's meeting, the FOMC maintained the Fed rate at its 45-year low of 1.0%, but dropped the language calling disinflation a "predominant concern for the foreseeable future," saying instead the risks have diminished in recent months...
While some observers are interpreting thi...