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Stocks Continued to Lose Ground Last Week
More bad news brought down stock prices another 1 to 2%. Concerns over political unrest in France and Greece came to the fore early last week. Later, a huge trading loss at JPMorgan Chase dashed any hopes of a late week rally.
While stocks have been going through a rough patch of late, the average stock is still up about 6% so far this year. Many investors have preferred the relative safety of large cap stocks, but the behemoths have lagged mid- and small-cap equities so far this year.
(May 14)
