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Dow Gains on Mixed Economic News

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Stocks were off to a slow start today as equity markets in Europe were having a rough day.  There was some positive information as Retail Sales improved by .5% as opposed to the .2% expected.  Minutes later the Empire State Manufacturing Index, which acts as a barometer for future capital expenditures, was down for the sixth consecutive month.  With that information stock traders began to sell.  A tame reading on inflation made them feel better.  The Dow managed to eek out a 28 point gain.