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Good housing numbers don't help stocks

2013-01-29 17:01:14| Biotech - Topix.net

Despite a report that home prices posted their biggest jump in 6 years, the Dow Jones Industrial Average was stuck in neutral, while the S&P 500 and the Nasdaq dropped between 0.1% and 0.2%. After their recent four-week winning streak, investors say stocks, which are hovering around 5-year highs, may be due for a pullback.

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