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Wall Street flat after fiscal deal rally

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NEW YORK (Reuters) – Stocks took a breather on Thursday a day after celebrating Washington’s deal to avert the "fiscal cliff" with the biggest one-day rally in a year. Investors turned their focus to potentially bigger battles ahead in Congress, including a likely bitter partisan battle over raising the federal debt ceiling. "I would be cautious of big moves going forward. There are still some clouds over the horizon, with the fiscal issue of the government. . . .

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