U.S. stocks close down as Sandy hits data SAN FRA

U.S. stocks close down as Sandy hits data
SAN FRANCISCO (MarketWatch) — U.S. stocks continued their recent losing streak Thursday, falling further from multimonth lows as investors gauged the economic impact of superstorm Sandy and the risk of going over the so-called fiscal cliff.
“To the extent we are continuing to see weakness in this marketplace, we’re clearly focused on the storm damage to economic data and businesses, and the more difficult path to come to a bargain by the end of the year,” said Art Hogan, a market strategist at Lazard Capital Markets LLC.
A day after closing at its lowest level since June, the Dow Jones Industrial Average (DJI JIA) fell for the fourth straight day, shedding 28.57 points, or 0.2%, to close at 12,542.38. The index had been down as much as 0.6% earlier but pared losses in the last hour of trading. http://www.marketwatch.com/story/us-stocks-li...2012-11-15