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All Posts Term: durable goods
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Weak Numbers Cause Wednesday Slump

Weak Numbers Cause Wednesday Slump

On Wednesday stocks fell after what was a disappointing report regarding durable goods which only added to the concerns people have about the current pace of the country’s economic recovery.

In trading, early this morning, the Down Jones fell about 34 points.  This has led nervous investors to try to again move their money out of the stock market and into Treasury bonds, which is driving interest rates even lower.

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