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<blockquote data-quote="texan" data-source="post: 1055769" data-attributes="member: 38206">Stocks close lower after weak retail reports, more jobless claimsPosted: Friday November 16, 2012&nbsp; &nbsp; NEW YORK (AP) -- Stock indexes closed lower Thursday, a third straight decline, after U.S. retailers issued&nbsp;weak forecasts for earnings and more people filed claims for unemployment benefits. Wal-Mart, Ross Stores and Limited Brands, the owner of Victoria’s Secret, all fell after issuing forecasts&nbsp;that disappointed financial analysts. Wal-Mart fell $2.59, or 3.6 percent, to $68.72.The Dow Jones industrial average wavered between small gains and losses shortly after the opening bell, then&nbsp;moved lower at midmorning. It closed down 28.57 points at 12,542.38.The Standard &amp; Poor’s 500 index dropped 2.16 points to 1,353.33 and the Nasdaq composite finished 9.87&nbsp;points lower at 2,836.94.Stocks have fallen steadily since voters returned President Barack Obama and a divided Congress to power.&nbsp;The Dow has lost 5 percent from Election Day, Nov. 6.<a href="http://www.benningtonbanner.com/business/ci_22007176/stocks-close-lower-after-weak-retail-reports-more" target="_blank">http://www.benningtonbanner.com/business/ci_22007176/stocks-close-lower-after-weak-retail-reports-more</a></blockquote>

[QUOTE="texan, post: 1055769, member: 38206"] [B]Stocks close lower after weak retail reports, more jobless claims Posted: Friday November 16, 2012 NEW YORK (AP) -- Stock indexes closed lower Thursday, a third straight decline, after U.S. retailers issued weak [COLOR=#800000]forecasts for earnings and more people filed claims for unemployment benefits.[/COLOR] Wal-Mart, Ross Stores and Limited Brands, the owner of Victoria’s Secret, all fell after issuing forecasts that disappointed financial analysts. Wal-Mart fell $2.59, or 3.6 percent, to $68.72. The Dow Jones industrial average wavered between small gains and losses shortly after the opening bell, then moved lower at midmorning. It closed down 28.57 points at 12,542.38. The Standard & Poor’s 500 index dropped 2.16 points to 1,353.33 and the Nasdaq composite finished 9.87 points lower at 2,836.94. [COLOR=#800000]Stocks have fallen steadily since voters returned President Barack Obama and a divided Congress to power[/COLOR]. The Dow has lost 5 percent from Election Day, Nov. 6. [URL]http://www.benningtonbanner.com/business/ci_22007176/stocks-close-lower-after-weak-retail-reports-more[/URL] [/B] [/QUOTE]

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