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Market Wrap for Thursday January 31: Stocks Fall for Second Day

The U.S. stock market fell for the second day on Thursday after a report on Wednesday showed that the U.S. economy contracted in the fourth-quarter. Investors are primarily focused on quarterly earnings reports from corporations, but a series of mixed economic reports are also commanding attention.In other news, the Justice Department sued to block the proposed acquisition of Grupo Modelo, the maker of Corona beer, by Anheuser-Busch InBev (NYSE:BUD). A number of stocks were active in the wake of the antitrust suit.Major AveragesThe Dow Jones Industrial Average lost around 46 points, or 0.33 percent, to close at 13,865.The S&P 500 fell a little less than 4 points, or 0.25 percent, to close at 1,498.The Nasdaq Composite was essentially flat on the day at 3,142.Jobless ClaimsAmong the economic data that was on the slate for Thursday was initial and continuing claims for the week ending January 26. Initial claims increased to 368,000 versus 330,000 for the week ending January 19. This was ...

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  1. Apple Shares Fall As Slowing Growth Builds On Investor Concerns

    Apple Inc. (AAPL) shares fell as much as 12% Thursday as slowing revenue and profit growth further fanned investor concerns about the company's momentum and consumer...

  2. Demand Worries Briefly Push Apple Stock Below $500

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  7. Skyworks Solutions , Marathon Petroleum, Other Stocks Hit 52-Week Highs Friday

    These nine stocks struck 52-week highs:While trading on below-average volume, Skyworks Solutions (NASDAQ:SWKS) increased today, reaching and then surpassing its prev...

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