Stocks edge lower on mixed signals on the economy (AP)

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AP - Mixed reports on the economy and earnings Monday sent the stock market drifting lower and easing off a two-week rally that lifted major indexes 11 percent. A government report said sales of new homes in the U.S. rose by the largest amount in nearly nine years last month, but it also contained troubling news that home prices fell sharply from a year earlier. Stocks got an early lift from the report but quickly gave up the gains.




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