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Stocks Log Weekly Loss
(1:52)
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Wall Street posted its first weekly decline since mid-April. The latest data from the Commerce Department showed a 3.3% jump in durable goods orders last month. The retail sector was in focus with a slew of big name stores out with earnings. Sears Holdings posted a loss of $279 million. Abercrombie & Fitch posted a wider than expected quarterly loss. And Pandora posted a loss for its latest quarter, matching what analysts had expected.
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