Dow sheds 125 points to below 13,000. Weak economic data out of Japan, South Korea and Europe put the focus back on international issues. US retailers report generally better-than-expected sales, while jobless claims remain flat.
The Dow also sets a multiyear high before turning lower. European traders hope the ECB will help resolve the debt crisis. Urban Outfitters trounces expectations. Best Buy posts a drop in profit and comparable sales.
Some strategies work regardless of economic conditions or the direction stocks are moving.
The bank slightly misses revenue expectations, however, as it winds down its Citi Holdings arm.
Stocks retreat as retail sales fall for a third straight month.
Beating Wall Street's low expectations is nothing to brag about.
The bank reports better-than-expected earnings, and the pharmaceutical agrees to be acquired by TPG.
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The company is planning a 10-for-1 split, which will cut its share price dramatically.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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