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Market Update

Week in Review: Crystal Ball Fogs Up Again

Equity markets stumbled this week as investors again fretted about the pace of recovery.

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U.S. equity markets stumbled this week as investors again fretted about the pace of recovery, given sluggish-looking data in home sales, durable goods, and availability of future stimulus dollars.

Even the ubiquitous BlackBerry is breathing hard under the pressure of this recession, according to maker  Research in Motion (RIMM). Corporate bond prices appear steady, though, amid all the worries. Weakness in energy, copper, and grains stemmed from related uncertainty over global demand.

Rod Bare does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.