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what
happened?

THE WEAKNESS: More Americans joined the unemployment line last week than at any time in the past month. Inflation at the consumer level was the highest since March and manufacturing has sharply weakened in mid-Atlantic states. European bank stocks fell on worries about the region’s debt problems.

THE WINNERS: Treasury notes and gold rose as dollars moved into investments considered safer. Gold keeps setting records, reaching another high — almost $1,830 an ounce. Some investors are looking for stability, others are simply looking to cash in.



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