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Stocks fade, post first weekly loss in a month

6:03 AM, May 28, 2013   |    comments
A sign for Wall Street is seen just outside the New York Stock Exchange.(Photo: Timothy A. Clary, AFP/Getty Images)
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NEW YORK (AP) - Traders get back at it this morning after a quiet trading day Friday and the Memorial Day weekend.

The market closed Friday with its first weekly loss in a month. The S&P 500 dropped a little less than one percent, to close at 1,649.60, while the Dow edged up 8.6 points to 15,303. The Nasdaq composite fell a fraction to 3,459.

Procter & Gamble kept the Dow in positive territory, with shares surging 4 percent after the company said it's bringing back its former CEO.






Associated Press

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