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By: Benzinga
December 21, 2012 at 16:54 PM EST
Stocks Close Out Week WIth Big Losses as Cliff Fears Intensify
After another setback in negotiations over the looming fiscal cliff, the U.S. stock market incurred heavy losses on Friday to end the week. The market is starting to price in the very real possibility that there will be no agreement on the budget after a Republican proposal to extend certain
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