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Stocks Head Higher After Selloff

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FBN's Cheryl Casone breaks down mid-afternoon market news.
Duration 0:57
Date Feb 5, 2013

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I'm sure persona with the Fox Business -- stocks are recovering most of yesterday's losses thanks -- a jump in home prices in December.

And strong earnings from some of America's biggest companies right now take a look at the Dow fell -- 120 points exactly 141000 on the nose right now.

Shares of Archer Daniels Midland are trading higher after the company reported better than expected second quarter adjusted earnings and revenue.

Agricultural giant earned a profit of sixty cents a share on revenue of nearly 25 million dollars.

And let the US service companies slowed slightly in January as new orders and business activity declined -- -- hiring did improve.

The institute for supply management's index of non manufacturing activity dipped to 55 point -- last month.

That's down slightly from December but it did match the estimate any reading over fifty indicates expansion.

That's the latest from the Fox Business Network giving you the power to prosper.

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Stocks Head Higher After Selloff

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