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UPDATE: Stocks Drift in Early Trade; Retail Results Mixed

By: AP
By: AP

NEW YORK Stock indexes are little changed in early trading as retailers turn in mixed earnings and traders wait for testimony from the nominee to head the Federal Reserve.

Technology stocks fell after Cisco Systems reported disappointing earnings late Thursday and lowered its profit forecast for the full year.

Kohl's plunged 9 percent after its results missed Wall Street's estimates. Dillard's rose 1 percent as profits increased.


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