Stocks Down on Consumer Confidence

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– National

Falling consumer confidence and a smaller-than-expected rise in new jobs sent stocks lower for a second session Friday. The major indexes each lost more than 1 percent this week.


The Dow Jones Industrial Average fell 58.36, or 0.5 percent, to 10,793.62. The S & P; 500 lost 6.81, or 0.5 percent, to 1,264.03. The Nasdaq Composite Index dropped 18.99, or 0.8 percent, to 2,262.58.


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– Local


Local movers were led by Ryland Group Inc, which gained 3.2 percent to $71, Molina Healthcare Inc., which rose by 5 percent to $30.10, and True Religion Apparel Inc., which added 5.5 percent to $22.18 On the down side, Macerich Co. slipped 1.8 percent to $70.71, Reliance Steel & Aluminum Co. lost 1.5 percent to $81.57 and Public Storage Inc. fell 1.6 percent to $71.10.

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