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Slower Economic Growth Worries Market
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| Slowest expansion in Two years, oil closes above, flow of positive earnings continue, Averages close below 1% |
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| Positive Earnings continue to flow from companies in every sector, home builders, defense, chemicals, health insurance, railroads, energy and technology. But market seem to worry that earnings growth may not be sustainable if economy does not pick up more momentum. |
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Stocks Slip on GDP Reading
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| Gold prices were mixed; Crude oil dips below $50; Dollar weakens |
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| Stocks moved down Thursday as in the latest gross domestic product report raised more questions about the strength of the economy, despite sound earnings results and boosted forecasts from Procter & Gamble Co. and Northrop Grumman Corp. |
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Futures Indicate Lower Opening
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| Oil slips in Europe, Comcast, Dow, P&G report higher earnings |
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| Major markets in Asia finished mixed Thursday. Major European markets were higher in early trading. U.S. stock futures were slightly down in early trading, pointing to a lower opening for stocks ahead of the government's latest reading on the state of the economy in 1Q and the latest earnings reports. |
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