Stock Slid Back As Best Buy Waned

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

After two successful days of trading in the wake of last week's post Job Report sell-off, stocks sold of a bit today.  There was some profit taking to be sure but the big news came from Best Buy.  The retail giant  reported some extremely poor sales from the holiday season and thus poor earning for December.  Inflation remained tame and the Philly Fed report came in stronger than expected.  The Dow closed down 64 points.


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