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Market Update : 
U.S. Stocks Down; Citi, Clear Channel Plunge
Author: 123jump.com Staff
123jump.com
Last Update: 5:49 PM EDT March 26 2008

U.S. stocks edged lower after rising steadily in the last three sessions. Market averages fell after new home sales declined in February. Home sales plunged 30% from a year ago and durable goods orders fell 1.7% from January and declined 1.4% from a year ago. Crude oil inventories at the end of last week were unchanged. Citigroup led the decliners in Dow after an analyst projected a loss for the year. Clear Channel fell after the deal to go private collapsed.

 

 

 
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