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Equities Sector Coverage: Stocks Close FIrst Down Week of 2012

Advanced GDP for Q4 2011 came in at 2.8% slightly below expectations. A build of $56 billion in Business Inventories accounted for 1.945% of this gain. The PCE Price Index came in at 0.7%, below
The combination of the rising cost of goods and stagnant pay wages have begun attacking American paychecks on both ends. Many U.S. consumers are still on autopilot when it comes to their spending
US stock futures point to a lower open Monday, following losses in European markets as the initial excitement fades over the Euro zone rescue package. Last week stocks soared after European