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Majors Fluctuate On Both Sides Of Unchanged Line Thursday
(2:06)
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Stocks fluctuated between positive and negative territory, hugging the unchanged line Thursday. The European Central Bank cut interest rates to the lowest in the history of the 17-nation currency block. The economy added 176,000 jobs in June. Meanwhile, the number of people filing for first time unemployment benefits dropped sharply last week. Activity in the service sector slowed in June. And the retail sector was in focus as the nation’s largest chain stores posted June sales results.
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