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July 25, 2008 5:39:13 PM CDT

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Stocks Seesaw, Close Down

Posted Apr 14, 08 3:34 PM CDT in Business 

(Newser) – Stocks wobbled today, eventually posting modest losses as investors still processing GE’s poor results absorbed Wachovia's unexpected losses and steeled themselves for more disappointment from first-quarter earnings reports. The Dow ended the day down 23.36 at 12,302.06, the Nasdaq dropped 14.42 to 2,275.82, and the S&P 500 fell 4.51 to 1,328.32.

"Investors are very much in wait-and-see mode—Intel, JP Morgan, Merrill and IBM all report this week, and people are waiting to see those big names," one analyst told MarketWatch.

Sources: MarketWatch, Bloomberg, Wall Street Journal

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Traders work the floor of the New York Stock Exchange, Monday, April 11, 2008, in New York.   (AP Photo/ Louis Lanzano)
Traders work the floor of the New York Stock Exchange, Monday, April 14, 2008, in New York.   (AP Photo/ Louis Lanzano)
The markets rose and fell Monday, April 14th, eventually posting slight losses.   (Shutterstock)
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S&P 500  • Nasdaq  • Dow Jones Industrial Average  • retail sales  • gas  • General Electric  • Wachovia  • first quarter earnings


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