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Daily Market Wrap: April 17, 2013

Market News Video
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April 17, 2013 AT 3:35 PM
Disappointing bank earnings sent the markets lower today with weakness in the tech sector as Apple fell below $400 a share. On the economic front, the Mortgage Bankers Association is reporting a 5 percent rise in the numbers of mortgage applications filed last week, helped in part by homeowners who refinanced their mortgages.