Market Wrap for Thursday, May 16: A Small Pullback For U.S. Stocks as Economic Data Disappoints

By: Benzinga
Stocks pulled back late on Thursday as bullish sentiment could not overcome disappointing economic reports. Initial jobless claims, housing starts and a reading of the Philadelphia Fed's Business Outlook Index all surprised to the downside. Although it is far too early to predict a correction in the market, investors who have
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