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Weak Start for Stocks in 2005

Stocks fell on Monday–the first trading day of 2005–after disappointing U.S. employment and construction spending data triggered concern about economic growth and lower crude oil prices pulled down energy shares. The Dow Jones industrial average was down 53.58 points, or 0.50%, at 10,729.43 and the Standard & Poor’s 500 Index was down 9.84 points, or 0.81%, at 1,202.08. The Nasdaq Composite Index was down 23.29 points, or 1.07%, at 2,152.15.

*For more on this story,


read the full Reuters article.

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