Preparing for a Slower Second-Half
The stock market giveth, and the stock market taketh away. After gaining as much as 4% by mid-February, the benchmark Standard & Poor's 500-stock index is now pretty much back where it started at the beginning of 2004. The main culprit is the nation's crummy jobs outlook, which has investors questioning the strength of the U.S. recovery. But also to blame, especially for recent selling, is the linking of the deadly bombings in Madrid on Mar. 11 to Islamic militants. If one thing's certain about the market, it's that investors hate uncertainty.
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