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Wall Street ends flat despite Spain hope, S&P off for week

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NEW YORK (Reuters) – Stocks closed flat on Friday even though investors welcomed Spain’s efforts to seek a bailout and cheered Apple’s newest iPhone that went on sale today, driving its shares to a record high. Apple Inc , the world’s most valuable public company in terms of market capitalization, jumped to an all-time high of $705. 07 as customers lined up to buy the iPhone 5. Apple’s stock ended up 0. 2 percent at $700. 10. . . .

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