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Retail Sales and Jobless Claims Brought Stocks Down

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

After reaching an all time high on Tuesday, stock suffered a second straight loss today as equity traders wallowed in some of the profits they have accumulated recently.  The move downward was exacerbated by an increase this week in initial filings for unemployment and by May Retail sales which were up only .3% versus the .7% increase the street expected.  In a broad move downward the Dow lost 109 points.