DJIA: 18,214.42  -10.15 (-0.06%) | NASDAQ: 4,987.89  +20.753 (0.42%) | S&P 500: 2,110.74  -3.12 (-0.15%) Markets closed

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    Stocks may be flirting with record highs, but one strategist says the rally still has some juice left. "I think that there's still more room to run in equities," said David Lebovitz, global markets strategist at J.P. Morgan Asset Management, "When you take a step back and look at the U.S. economy, we finished 2014 on relatively solid footing, and 2015 is off to a decent start.

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    The Nasdaq first broke the 5,000 mark in early 2000 before quickly reversing from those levels and free falling to drastically lower prices. So it's easy to look at today's Nasdaq composite and say it's not overvalued. Not all stocks are overvalued, countered Jim Lebenthal, president of Lebenthal Asset Management. Gilead Sciences (GILD), a biotech, is  also in the index.

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    An auction of $29 billion in seven-year bonds generated lackluster demand from investors. The yield on the newly auctioned seven-year notes was 1.834%, 1.1 basis points higher than the seven-year yield the minute before the auction. Indirect bidders, a group that includes foreign central banks, took home 52.3% of the auction, compared with an average take of 52%.

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    Shares of Denbury Resources Inc. (DNR) are falling by 5.09% to $8.48 in early afternoon trading on Thursday, as some stocks within the oil and energy sectors fall along with the price of the commodity. Crude oil is lower by 3.77% to $49.07 per barrel and Brent crude is down by 1.44% to $60.74 per barrel this afternoon, according to the CNBC.com index.

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    The Federal Reserve won't be raising interest rates this year or for "the foreseeable future," said Dr. Srinivas Thiruvadanthai, director of research for the Jerome Levy Forecasting Center. U.S. Treasury bonds continue to trade with a higher yield than many of the European countries' bonds, such as Spain and Germany.

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    Wall Street rallied to records Tuesday after Federal Reserve Chair Janet Yellen's Congressional testimony indicated interest rate hikes weren't in the offing anytime soon while the economy continues to chug along. And so stocks and bonds gained in tandem in this best of all possible worlds of easy money, subdued inflation and moderate growth. But what if the real risk to financial markets isn't rising interest rates, as the consensus assumes, but renewed recession?

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    The S&P 500 and Dow Jones Industrial Average moved off record highs set over the week as a selloff in energy stocks overshadowed a boost across the tech sector. The S&P 500 fell 0.26%, down from a record level of 2,119 set on Tuesday. Crude oil prices fell back after Wednesday's rally.

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    Shares of Penn West Petroleum  fell 5.48% to $2.07 in morning trading Thursday as oil prices declined following the release of U.S. inventory data on Wednesday. U.S. Energy Information Administration reported data Wednesday that showed oil inventories climbed 8.4 million barrels to 434.1 million barrels last week.

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    * Traders focus on higher U.S. core CPI for Jan. * Upcoming 7-year note auction pressures prices. * Persistent bids cap losses. By Sam Forgione. U.S. Treasuries prices edged lower on Thursday after stronger aspects of U.S. consumer price data failed to bolster the case for dovish Federal Reserve policy and incoming supply weighed on prices.

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    opened slightly lower after a batch of weaker-than-expected data. Widely watched inflation figure came in below expectations. Consumer prices tumbled, largely due to a plunge in oil prices.

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    * Canadian dollar at C$1.2482 or 80.12 U.S. cents * Bond prices lower across the maturity curve By Solarina Ho TORONTO, Feb 26 - The Canadian dollar was softer against its U.S. counterpart on Thursday as weaker crude prices and stronger-than-expected data in the United States offset Canadian inflation figures that topped forecasts.

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    * Initial claims climb in latest week. * CPI posts biggest drop since 2008. * Durable goods orders top expectations. * Salesforce.com (CRM) climbs after results, outlook. * Indexes: Dow off 0.1 pct, S&P off 0.09 pt, Nasdaq up 0.04 pct. By Chuck Mikolajczak.

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    Stocks were mixed mid-morning Thursday as extended losses in crude oil prices and a drop in consumer prices, the biggest decline in seven years, weighed heavily on markets. The S&P 500 fell 0.15%, the Dow Jones Industrial Average slid 0.08%, and the Nasdaq added 0.15%. Crude oil prices fell back after Wednesday's rally.

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    Barnes& Noble Inc. said on Thursday that it's separating its college book store and education business from its retail stores and Nook digital business. The move comes as Barnes& Noble is seeking to spin off its money- losing Nook business. Barnes& Noble shares rose 1% in premarket trading.

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    * Initial claims climb in latest week. * CPI posts biggest drop since 2008. * Durable goods orders top expectations. * Salesforce.com (CRM) climbs after results, outlook. * Futures: Dow off 12 pts, S&P 0.25 pt, Nasdaq up 6 pts. By Chuck Mikolajczak.

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    Shares of Dunkin Brands Group  are higher by 1.14% to $47 in pre-market trading Thursday, after the coffee and donut company announced its expanded partnership agreement with J.M. Smucker and Keurig Green Mountain (GMCR)  , Reuters reports. The new deal, expected to take effect in the middle of this year, means Dunkin's K-Cup coffee packs will now be sold online and in stores throughout North America.