Stocks Decline As Investors Mull Economy
By TIM PARADIS,
AP
Posted: 2008-02-04 15:25:27
NEW YORK (AP) - Wall Street fell Monday as investors, showing their cautious side after the market's best week in nearly five years, cashed in profits while they debated their next move.
The session's move lower continued even after a Commerce Department report showed that orders at U.S. factories rose by 2.3 percent in December - the biggest increase since July. Analysts had been expecting a 2 percent increase after a 1.7 percent gain in November.
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