US stocks mixed on disappointing construction report


  • Business
  • Thursday, 19 Feb 2004

NEW YORK (AP) - A drop in housing starts and a rally in the U.S. dollar on currency markets sent stocks lower Wednesday as the news gave investors an incentive to collect profits. 

Rough winter weather was to blame for the 7.9 percent drop in residential building construction last month from December levels, the largest tumble in a year.  

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