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December 11, 2012 at 15:14 PM EST
Midday Nasdaq Rises on Tech Stocks and Fiscal Cliff Optimism
MINYANVILLE ORIGINAL The NASDAQ Composite Index (INDEXNASDAQ:.IXIC) rose 1.20% to 3 022.81 at 2:45 p.m. EST today on optimism about budget talks in Washington over the fiscal cliff.   Clearwire Corporation (NASDAQ:CLWR) was back in the game as talks heated up about Sprint (NYSE:S) buying out the rest of the company; its stock rose 14.58% to $2.75 on high volume. Intel (NASDAQ:INTC) also had a good day rising 2.86% to $20.66 as analysts speculated that the company may be winning the data center battle with rival chipmaker ARM (NASDAQ:ARMH).   In the pharmaceutical sector Acura (NASDAQ:ACUR) shot up 26.73% ...
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