The market is under selling pressure in early trading, despite a relatively positive economic report.Last night, Oracle (ORCL) reported a so-so quarter, and made comments that its customers got a little more cautious at the end of its quarter. That started the selling in tech, and a report that showed Google’s (GOOG) paid clicks didn’t grow as fast as hoped for hit that stock as well.In economic news, Q407 GDP was left unchanged at +0.6%. Many feared it would be revised lower. But the consumer spending component was [...]
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[Source: The Money Blogs]
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