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Stocks Drop on Service Sector Growth, Oil (AP)







Stocks Drop on Service Sector Growth,
Oil (AP)

Stocks Drop on Service Sector Growth,
Oil (AP)
04/01/2005 05:10 PM

AP - Strong growth in the service sector and record high oil prices sent stocks sharply lower Friday on renewed inflation fears. A weaker-than-expected job creation report, which initially gave investors hope that economic growth would remain manageable, was ultimately ignored, and stocks finished mostly lower for the fourth straight week.




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