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Daily Market Wrap: July 19, 2012

Market News Video
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July 19, 2012 AT 10:02 PM
The markets struggled to keep up yesterday's momentum, after this morning's disappointing economic data but stocks managed to hold on to modest gains. The number of Americans filing first-time claims for unemployment benefits rose by 34,000 to a seasonally adjusted 386,000 last week, according to the Labor Department.