Wall St. loses ground after mixed economic data

http://ift.tt/eA8V8J Durable goods orders dropped 18.2 percent in August, the largest decline since the series started in 1992, which partially reversed the aircraft-driven 22.5 percent surge in the prior month. "If you look at the jobless claims, it is still pretty much indicating that the jobs market expansion is continuing, and that is key," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.



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