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Wall Street ends flat as rally slows, earnings eyed

Posted By kurtnimmoadmin On January 11, 2013 @ 4:07 pm In Economic Crisis,Old Infowars Posts Style | Comments Disabled

Leah Schnurr
reuters.com
January 11, 2013

Stocks ended little changed on Friday as investors took a step back from buying ahead of next week’s busy corporate earnings calendar.

Overall earnings are expected to grow by just 1.9 percent in this season, according to Thomson Reuters data. Analysts say that, with the bar low, there’s room for companies to beat expectations, and that may have contributed to the rise in stocks so far in 2013.

That rally has slowed in the last few days.

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