All three major U.S. equity indices were down more than 1% at their lows of the session but buyers arrived in the final hour of what was a busy news day that featured a report that JPMorgan Chase's infamous trading loss on credit derivatives could climb as high as $9 billion, the Supreme Court's decision to uphold President Obama's sweeping health care legislation, and start of a two-day meeting of Europe's leaders in Brussels about the region's debt crisis.
NEW YORK (TheStreet) -- Stocks battled back to close with mild losses on Thursday as strength in the consumer cyclicals, energy and utilities sectors offset weakness in the financials and technology.
2012 Stock Predictions and Outlook
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