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Tue 04 Apr 2001Dour reports slice into last week's gains
Stocks extended their losses in afternoon trading yesterday as investors worried that this week's earnings reports will show corporate growth slowing even more than expected.
Comments from investment bank Morgan Stanley about a dour outlook for the semiconductor sector and disappointing first-quarter earnings reports from leading banks rattled some investors and prompted them to sell stocks, slicing into gains from a blockbuster rally last week.
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