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Wary investors tiptoeing in a fast-paced bull market

Small stocks and EM shares have outperformed blue-chip firms at this stage of a 7-year bull run


New York

WALL Street seems unable to make up its mind about risk-taking.

The market declined sharply on Friday, yet all three major domestic stock indexes are still near their highs. Shares of speculative small companies have been outpacing stable blue-chip stocks lately. And...

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