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Stocks gains sliding

Apr 14th, 2009 by admin | 41

Wall Street has shifted into reverse as a surprisingly weak retail sales report punctures the market’s optimism about the economy.The poor sales data Thursday combined with an unexpectedly sharp drop in wholesale prices have overshadowed better-than-expected earnings reports from Johnson & Johnson and Goldman Sachs.
Traders said some pullback is healthy after a 5-week surge that […]

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