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Market Fighting to Hold Up

Stocks are expected to extend their losses as more disappointing earnings and economic news flows in. The Labor Department has reported Thursday that the number of people applying for unemployment benefits for the first time rose last week. The gain was small at 2,000, but economists had expected the number to drop.
Meanwhile, Cisco Systems Inc. has added to investors' anxiety by reporting revenue figures that fell short of forecasts.
For more information visit http://www.worldmarketmedia.com/779/section.aspx/2223/post/market-fighting-to-hold-up