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Investing.com Weekly Wrap-Up 29 April 2016

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Written by Investing.com Staff, Investing.com

U.S. stocks post slight losses as Dow, S&P end April flat for the month

U.S. stocks fell slightly on Friday, ending April with one of their worst weeks since early-February as a sell-off in the technology and health care sectors, as well as a wave of soft economic data weighed on the major indices.

The Dow Jones Industrial Average lost 57.12 or 0.32% to 17,773.64, while the S&P 500 Composite index fell 10.51 or 0.51% to 2,065.30, each closing lower despite a late rally in the final hour of the session. At session-lows, both indices moved into negative territory for the month before recovering to close the month fractionally higher. On the S&P 500, six of 10 sectors closed in the red.

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What We Read Today 29 April 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

Housing Costs: Renters More Worried Than Homeowners

by Felix Richter, Statista.com

-- this post authored by Niall McCarthy

American renters are nearly twice as likely to worry about not being able to pay their housing costs as homeowners, according to a Gallup survey.

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Infographic Of The Day: How To Live In Your Van

Sleeping is perhaps the most important aspect of van living, and without a comfy bed your adventure could be marred by insomnia and a bad back.

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Video of the Day:

In New York, a bill was just introduced that involves a new technology to help determine whether or not people involved in car crashes were on their phones at the time of the crash. The 'Textalyzer'. Like a breathalyzer, except instead of testing your breath for alcohol, it scans your phone to see if you were on it, at about the time of your crash. Knowing that the cops can tell whether or not you were on the phone, you will be less likely to BE on your phone while driving.


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 more investing, markets, precious metals & forex

29Apr2016 Market Close: DOW Closed Down 57 Points, Crude Price Lower, Short-Term Indicators Bearish



 more opinion

Mexico Finds It Easier To Focus On Trump Than Its Own Failings

Special Report from ProPublica

-- this post authored by Ginger Thompson

Experts accuse the Mexican government of thwarting its investigation of a student massacre and torturing suspects, but the top story in a prominent Mexican newspaper is about standing up to Trump.

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 USA economy at a glance (boxed items are updates in last 7 days)

22 April 2016: ECRI's WLI Growth Index Continues Its Relatively Rapid Advance In Positive Territory

ECRI's WLI Growth Index which forecasts economic growth six months forward advanced higher in positive territory for the fifth week - after spending the previous 34 consecutive weeks in negative territory.

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