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Though its stock is dropping, there are plenty of reasons for investors to remain optimistic.
A prosperous Europe is critical to American prospects.
After outperforming in the first quarter, bank stocks are once again under pressure.
The tide of fashion-designer hotels just won't stop, with Moschino and Ferragamo the latest demanding a visit.
NEW YORK (TheStreet) - Stocks stayed in the red Thursday as Wall Street struggled for direction amid mixed corporate earnings and global economic reports.
The Dow Jones Industrial Average was down 51 points, or 0.4%, at 12,445. The S&P 500 was down 6 points, or 0.5%, at 1313. The index has gained nearly 2% so far this week though it's still down about 8% from a four-year high reached in April.
The Nasdaq was falling 26 points, or 0.9%, at 2,825.
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