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Glenn Tilton

Energy Retreat, Economic Fears Weigh on Wall Street

FOX Business: The Power to ProsperThe Dow closed in the red for the fourth-straight session after sharp declines in the energy complex and lingering economic woes rattled traders' confidence. Today's MarketsThe Dow Jones Industrial Average fell 61.3 points, or 0.5%, to 12,090, the S&P 500 slipped 14 points, or 1.1%, to 1,286 and the Nasdaq Composite fell 30.2 points, or 1.1%, to 2,703. The FOX 50 was off 8.4 points to 901.  A deluge of gloomy economic data, capped with a disappointing non-farm payroll report, set the stage for a broad selloff last week that was extended on Monday. The blue chips are now down 3.8% for the last four sessions -- and have fallen for the last five weeks-- the worst performance August 2010.  The pace of economic data is expected to be considerably slower this week, with no major report on Monday, and a trickling of reports later in the week.  Market participants will be paying particularly close attention to weekly jobless claims number on tap for Thursday, ...

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