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VOL. 46 | NO. 2 | Friday, January 14, 2022

Stocks extend 2022 losses as investors brace for rate hikes

The Associated Press

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Stocks continued to fall on Wall Street Wednesday as investors review the latest corporate earnings and prepare for higher interest rates.

The S&P 500 fell 1%, the Nasdaq fell 1.2% and the Dow Jones Industrial Average fell 1%. The major indexes all set new lows for the year, with technology stocks' weakness again giving direction to the broader market.

UnitedHealth Group, Bank of America and Procter & Gamble all rose after reporting encouraging financial results.

Bond yields fell.

Makers of household goods and consumer products gained ground.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0