Investors take break from rally

September 17, 2009 1:30:27 PM PDT
Stocks ended moderately lower, breaking a three-day rally after a surprise drop in unemployment claims failed to excite investors.

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Weekly employment data and reports on housing and manufacturing couldn't overcome unease about how quickly the market has risen. Stocks are up eight of the past 10 days.

The Dow Jones industrial average is down 7 at 9,784. The Standard & Poor's 500 index is down 3 at 1,066. The Nasdaq composite index is down 6 at 2,127.

Three stocks fell for every two that rose on the New York Stock Exchange, where volume came to 1.5 billion shares compared with 1.6 billion Wednesday.

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