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Stocks Edge Lower As Investors Assess Earnings

Stocks are edging mostly lower as investors pored over the latest batch of company earnings reports. IBM dropped after its revenue fell short of what investors were expecting. Chip... More Stocks are edging mostly lower as investors pored over the latest batch of company earnings reports. IBM dropped after its revenue fell short of what investors were expecting. Chipmaker AMD also plunged after predicting a drop in revenue. The Dow Jones industrial average was down 62 points, or 0.4 percent, to 16,352 at midday Wednesday. The Standard & Poor's 500 index was down a point at 1,842 and the Nasdaq composite was up nine points, or 0.2 percent, at 4,235. Less

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