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Market up due to Obama's lack of influence

Monday, 11 Nov 2013 | 11:00 AM ET

CNBC's Jeff Cox reports from the Schwab Conference in Washington, D.C., that a well-respected political consultant told him that Hillary Clinton is going to be closely associated with President Obama. And that could hurt her in the long run. But investors can be bullish because the president doesn't have a great impact on stocks.