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Daily Market Wrap: February 22, 2012

Market News Video
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February 22, 2012 AT 3:48 PM
Stocks edged lower on EU concerns and a handful of disappointing earnings reports, but the markets did make a bit of a recovery later in the day. In economic news, the National Association of Realtors is reporting a 4.3 percent increase in existing home sales in January, to an annual rate of 4.57 million units, and that is a one and a half year high.