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Updated from 7:07 a.m. EDT
What a reversal. The market looked poised to build on Thursday's gains when a brutal final-hour selloff put investors on their collective heels.
The market absorbed some more weak economic news on Friday, but it was widely expected.
Most pointed fingers at "hedge fund liquidations" as the reason behind the selloff. Regardless, take your pick and it was down: General Electric (GE), Intel(INTC Quote), Cisco(CSCO Quote), Pfizer(PFE Quote), Nokia(NOK Quote) -- and on and on. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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