1. News Summary: Stocks Mixed, S&P Close To High
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WITHIN A WHISKER: The S&P 500 dipped slightly, ending the week within a fraction of the
five-year high that it set on Thursday.
WELL OF DESPAIR: Wells Fargo reported record earnings but the market didn’t like what it
saw. Concerns about profitability going forward pushed the stock down.
NO PATTERN YET: Companies started reporting fourth-quarter earnings this week, but no clear
picture has emerged yet. Investors will get many more reports to mull over next week.
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