Weak economic signals have fueled a drop of -217 points on Wednesday. Mortgage applications dropped -11.5% last week, weak hiring reports in private companies, and sluggish orders to U.S. factories. The DOW closed at 14,960...the first time below 15,000 since May 6th. There has been a lot of talk lately that the stock market is due for a "correction" following this sustained run to 15,000+.
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