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Stocks are mixed on Wednesday afternoon after the Federal Reserve's 'Beige Book' touts 'modest' growth in the U.S. economy over the past six weeks.
U.S. stocks wavered throughout the morning on Wednesday even as rising consumer prices and industrial activity reinforced faith in the economy's recovery.
Disney was downgraded to underperform at BMO Capital. The investment bank slapped an $88 price target on the stock.