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New York, NY - After the bell, stocks on Wall Street continue to decline on Friday. Some of the major stocks hit a new low on weakening earnings outlook; declining oil prices; slumping housing sector; lowering investor confidence; and dropping consumer and business spending. The shares on Wall Street are victim of global sell off as investors continued dumping equities in Asia and European markets. Here are some of the industry giants that are trading down. Microsoft Corporation (NASDAQ GS: MSFT): The software giant was trading sharply lower on Friday, down by $1.10 or 4.93 percent to $21.20 at 11:02am ET in New York. The stock hit a new 52-week low at $20.65 from the previous low of $22.07. It has traded as high as $37.50 in the last 52 weeks. Some of the market analysts still on Wall Street have a "Buy" rating on the... [read full story]
