Traders work on the floor of the New York Stock Exchange August 15, 2014. REUTERS/Brendan McDermid
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Once again, though, for many it looked like nothing but another buying opportunity in U.S. stocks.The three major U.S. stock indexes posted a second straight week of gains after a correction that evaporated following a brief drop of 4 percent.Against that backdrop, U.S. stocks – backed by earnings – still look like the best option for investors in developed markets.During the selloff Friday, the utilities sector remained strong, rivaled only by energy stocks, with investors focusing on high-dividend payers as U.S. Treasury bond yields fell.Even as economic figures remain somewhat mixed, investors still remain positive about overall U.S. demand.
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