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Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

COMMENTARY

Long-term interest rates kicked up. The gain was small, 0.10 percentage points,

but unwelcome nonetheless. Analysts attributed

it to an upward revision of the federal deficit--and concern about how Clinton

will deal with it. Also helping to push rates higher was

a heavy supply of new corporate and municipal bond offerings. Stocks sold off,

too, but most of the damage was in the Dow industrials. The broader S&P

500-stock index took a lesser hit, and small-cap stocks were barely touched at

all.


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