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Giving up a gain, stocks close with tiny loss
Giving up a gain, stocks close with tiny loss

Netflix soared, big corporations turned in quarterly results, and investors welcomed new companies into the market. There was plenty of news, but major indexes finished the day just short of where they started. Stocks drifted lower at the start of trading, followed oil prices higher in the early afternoon, then flipped back to slight losses in the last hour before the closing bell. David Lebovitz, global market strategist at J.P. Morgan Asset Management, said investors are trying to figure out if the recent run of uninspiring economic news will hit corporate profits. At the same time, big banks and other corporations have turned in better results than Wall Street expected this week. ...

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