Today's Market: Dow Ends Session Higher; Yahoo!'s Earnings Beat the Street

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(Updated from 4:09 p.m. EDT)

The three-martini lunch has basically gone the way of the USFL, but it would have worked today: buy heavily at the open, sell at noon, and let the vermouth do its stuff before coming back for some selective buying at 3:30 or so.

Oh, and don't buy tech. While Dow stocks were buoyed by positive earnings reports, the Nasdaq suffered under earnings warnings and continued selling of the Internet and semiconductor sectors.

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