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Wednesday's trading was characterized by high volatility as stocks swooned early, rallied near midday and then sold-off again into the close.
The Dow fell by 189.01. The Nasdaq lost 14.55. And the S&P 500 closed lower by 11.29.
Here are 7 Stocks You Need to Know for Thursday.
Disappointing same store sales for September will likely mean lower profits third quarter profits for retailers J.C. Penny (JCP | Quote | Chart | News | PowerRating) and Kohl's (KSS | Quote | Chart | News | PowerRating).
Continued weakness in the aluminum market led to another day of declines for Alcoa (AA | Quote | Chart | News | PowerRating), which was down more than 10% on Wednesday, though significantly off its intraday lows.
Citigroup (C | Quote | Chart | News | PowerRating) downgraded both Ford Motor Company (F | Quote | Chart | News | PowerRating) and General Motors (GM | Quote | Chart | News | PowerRating) from "hold" to "sell", citing the global credit crunch.
A fourth day of rising gold prices helped send shares of Barrick Gold Corporation (ABX | Quote | Chart | News | PowerRating) higher by more than 15% on Wednesday
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