July 14, 2012
Today, industrials editor and analyst Brendan Byrnes discusses the Dow's three biggest losers this week. The Dow was well in the red as of Thursday night, before staging a big-time rally on Friday. The minutes from the Federal Reserve meeting on Wednesday showed a divided Fed on the issue of further stimulus, with no immediate action likely. On Friday, big-time banks JPMorgan Chase and Wells Fargo reported earnings that beat Wall Street expecations, helping drag the Dow up with them. Unfortunately, three Dow stocks in particular couldn't salvage the week and ended down big. Check out the following video for more on why Alcoa, Intel, and Hewlett-Packard had a rough week.
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