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VOL. 47 | NO. 49 | Friday, December 1, 2023

Most of Wall Street slips following mixed data on the economy

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NEW YORK (AP) — Most stocks slipped on Wall Street, but the market hung near its highest level in 20 months following a mixed set of reports on the economy.

The S&P 500 fell 0.1% Tuesday, the Dow fell 0.2%, and the Nasdaq composite rose 0.3%.

KeyCorp led a slump for bank stocks after cutting its forecast for earnings from fees and other non-interest income. Gains for Apple and Microsoft helped to limit the market's losses.

Treasury yields fell following data that kept alive questions about whether the U.S. economy can pull off a perfect landing where it kills high inflation but avoids a recession.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0