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Unimpressive Earnings Reports Drag Down Markets

2012-10-10 4 Dailymotion

<p>The S&P 500 fell for a fourth day on Wednesday, weighed down by disappointing news from Chevron and Alcoa as earnings season got under way.</p><br /><p>Standard & Poor's on Wednesday cut Spain's sovereign credit rating by two notches to BBB-minus, citing a deepening economic recession that is limiting the government's policy options.</p>

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