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Stocks sink on earnings woes

January 12, 2010

Stocks sink on earnings woes Brian Battle comments on the day's market performance. "Everyone was expecting the fourth quarter to be better," said Brian Battle, vice president at Performance Trust Capital Partners. "I think the market has been taken aback by the fact that it may not have been as good as people had thought." He said that investors were not just reacting to Alcoa's miss, but also to the recent ho-hum economic news and all the focus on the bank sector this week.

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