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STTG Market Recap Nov 27, 2012

From Stock Trading To Go
November 27, 2012 - 8:07pm
Stocks rotated from positive to negative most of the day but took a turn for the worse Tuesday after comments from Senator Reid regarding the fiscal cliff ("little progress") hit the wires. The S&P 500 fell from 1407 to 1400 within minutes, and never recovered. The S&P 500 finished down 0.5% and the NASDAQ 0.3%. Decent news on home prices, consumer confidence, and durable goods were absorbed but overwhelmed by the action in D.C. Original post: STTG Market Recap Nov 27, 2012

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