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Will the Dow Break Its Losing Streak?

Dan Caplinger
October 11, 2012

After three days of substantial losses, the stock market has investors wondering if the summer rally is finally giving way to an autumn correction. Yet despite some of the worries that have come with the beginning of earnings season, many point to today's big drop in first-time unemployment claims to multiyear low levels as evidence that a U.S. recovery is finally starting to be felt in Main Street America. That helped push stocks higher, with the Dow Jones Industrials (INDEX: ^DJI  ) up by 75 points at around 10:45 a.m. EDT.

Financials led the way higher, with JPMorgan Chase and Bank of America (NYSE: BAC