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Markets continue to climb

Stocks are modestly higher Friday, as major indices look to end a streak of several consecutive losing weeks.

At present, the S&P 500 is up 0.29%, the DJIA is up 0.44%, and the NASDAQ is up 0.12%.

Industries doing well today include Diversified Telecommunication Services, Air Freight & Logistics, and Specialty Retail. Industries showing weakness include Tobacco, Software, and Technology Hardware, Storage & Peripherals. The VIX is down 0.13 to 13.10 after closing yesterday at 13.23. The most heavily traded options this morning are for the iShares MSCI Emerging Markets ETF (EEM), with 63.128 June 15 49 calls on the board. The total put/call ratio as of 10:00 AM was 0.75 (278,541/370,360). The advancers/decliners ratio for NYSE stocks is 1,873/992, while the advancers/decliners ratio for NASDAQ stocks is 1,775/1,064.

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Bobby Raines

Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in Mass Communications and History from Emory & Henry College. Bobby worked at a mid-sized daily newspaper before making a switch to covering the financial industry full time in the years leading up to the financial crisis. He has been a member of the Fresh Brewed Media team since 2011 and has served as a writer and analyst. You can write to him at braines@marketintelligencecenter.com or follow him on Twitter: @BRatMICenter.