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Byline: CHRIS GESSEL
The Nasdaq led a reluctant stock market for the second session in a row on Friday as Iraq, the U.N. and the U.S. jockeyed for position.
The market started strongly, bolstered by better-than-expected readings on economic growth, Midwest manufacturing and consumer confidence.
The tech-heavy Nasdaq climbed as much as 1.4% in the morning. The benchmark S&P 500 wasn't far behind with nearly a 1.2% gain.
Those moves weren't overwhelming. But a handful of top-rated stocks flexed some intriguing strength, something growth investors haven't seen for weeks.
Yahoo cleared a seven-week consolidation on its way to hitting a 52-week high. The Internet portal popped up 0.77 to 20.85. Volume was only 29% above average.
Trading rolled in 62% above normal for Coach as the upscale handbag maker climbed out of a base-on-base formation. The stock gained 1.24 to 35.73. Last week Coach boosted profit guidance for the quarter that ends March 29.