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Thursday, August 14, 2008

130808

U.S. Stocks Decline for Second Day; Deere, Macy's, Banks Fall
By Lynn Thomasson
Aug. 13 (Bloomberg) -- U.S. stocks dropped for a second day as earnings reports from Deere & Co. and Macy's Inc. disappointed investors and Merrill Lynch & Co. said the contagion from the collapse of the subprime mortgage market is far from over.

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With short selling unban, Dow is unlikely to shake off its bearish trend.

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