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Thursday, December 25, 2014
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Published: Friday, 7/26/2013

Stocks recover from an early swoon, end little changed; S&P has first weekly loss this month

ASSOCIATED PRESS

NEW YORK — The stock market recovered from an early swoon and ended the day pretty much where it started.

The Standard & Poor’s 500 index edged up a point, or 0.08 percent, to 1,691 today. The index had its first weekly loss in a month.

The Dow Jones industrial average came back from a 150-point loss and ended up three points, just 0.02 percent, at 15,558.

The Nasdaq composite rose eight points, 0.2 percent, to 3,613.

Expedia plunged 27 percent to $47.20 after the online travel agency reported that its profit fell by a third as costs increased.

Starbucks rose 8 percent to $73.36 after beating Wall Street’s profit estimates.

More stocks fell than rose on the New York Stock Exchange. Volume was very light at 2.7 billion shares.



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