Stocks End Lower After Late Selloff

Summary


NEW YORK - A late-day selloff left stocks modestly lower Friday as weakening consumer confidence and a rise in wholesale prices prompted investors to take profits and pause from Wall Street's recent rebound. The major indexes gained for the week.

The market's losses were also fed by soaring energy prices and a meager profit forecast from Dell Inc. Also, the upswing in the producer price index once again sparked concerns about more interest rate increases.

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Stocks End Lower After Late Selloff

Investors digested a 0.3 percent rise in Janua...

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