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Stocks edge higher as traders return from holiday

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Stocks edge higher as traders return from holiday

NEW YORK (AP) — Stocks opened modestly higher on Wall Street Wednesday as traders returned from the Christmas holiday.

Trading was quiet. Markets in Europe were still closed. Traders were also watching to see if a budget agreement materializes in Washington. President Barack Obama cut short his Christmas vacation in Hawaii and was returning to Washington later Wednesday to resume budget talks with Congressional Republicans.

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