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Momentum investing returns to Wall Street for now
Wall Street absorbed a mix of disappointments with only modest declines as retail sales lag and Cisco revenue falls spark concern. Analysts note momentum investing may be reviving as markets rally despite deflation worries, with the Dow closing the week above 8,600 after several gains.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Cisco Systems
Tum
Arthur Hogan
Jefferies & Co
Federal Reserve
Standard & Poor
Hogan
Dow
Kyle Quinn
New York Stock Exchange