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Stocks fall after Fed report on regional economy (AP)



THE FED CONFIRMS INVESTORS’ VIEW: The Federal Reserve’s “beige book,” its report on the economy region by region, showed that the recovery is slowing in some parts of the country. That confirmed how investors see the economy, and that sent stocks falling.

MANUFACTURING GROWTH SLOWS: The Fed reported manufacturing slowed or leveled off in some parts. That followed a downbeat report earlier Wednesday on durable goods orders.

THE DOW: The Dow Jones industrial average fell almost 40 points and ended a four-day win streak.

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