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Maria's Market Message
“The weekly jobless claims report and retail earnings from Aeropostale and Gap could set the tone for trading on Thursday, but it was concerns over the nation’s two mortgage giants headlining the markets on Wednesday. Shares of the two government sponsored entities falling to their lowest levels in nearly two decades on increasing speculation the government will bail them out, and wipe out holdings of existing shareholders.”
--Michelle Caruso-Cabrera, CNBC’s Closing Bell