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JUL 07, 2014 - San Francisco Chronicle

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Stocks slip, pulling Dow back near 17,000

NEW YORK (AP) — After pushing stocks to records last week, investors turned cautious on Monday ahead of a batch of corporate earnings reports. Investors moved money into stocks traditionally thought of as safer than the broader market: utilities, telecommunication companies and consumer staples such as soft drinks and detergent. [...] stocks are trading at all-time highs and investors will need Corporate America to deliver on profits in order to justify these record-high prices. Another sign that investors were hesitant to place big bets ahead of corporate earnings reports could be seen ... Read More

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