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Detailed text transcripts for TV channel - MSNBC - 20110103:22:36:00

were earlier, but a solid rally. the dow jones industrial average soring 93 points. the first trading day of the year is when a lot of investment companies adjust their ratings, so we saw investment moving in both directions today. apple boosted and breaking the $300 billion market milestone. the second most valuable company in the world. take a rook at some of the other big name companies. rare earth metals, soaring 15%. retailers faring not as well after downgrades for ann taylor, coach and tiffany s. finally, bank of america leading financials higher after agreeing to pay $5 billion. that s it from cnbc, first in business worldwide. now back to hardball.

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