US stocks finish narrowly mixed

Stocks finished an erratic week narrowly mixed today after a government report of a steep decline in new home sales stirred concerns that weakness in housing will continue to dog the economy.

US stocks finish narrowly mixed

Stocks finished an erratic week narrowly mixed today after a government report of a steep decline in new home sales stirred concerns that weakness in housing will continue to dog the economy.

The Commerce Department report that new home sales fell 9% from October to a seasonally adjusted annual rate of 647,000 triggered renewed nervousness that consumers could become uneasy and tamp down their spending.

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