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Daily Market Wrap: July 11, 2012

Market News Video
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July 11, 2012 AT 9:56 PM
It was a down day for the markets with stocks edging lower after minutes from the latest Federal Reserve meeting were released in which officials said they were concerned about the strength of the US economy. On the economic front, the Commerce Department said the US trade deficit narrowed to $48.7 billion in May, which was in line with expectations.