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January 9, 2013

Stocks fall ahead of earnings season

AP Business Writer

U.S. stocks closed lower Tuesday as traders awaited the start of the corporate earnings season.

The Dow Jones industrial average dropped 55.44 points, or 0.4 percent, to 13,328.85. The Standard & Poor's 500 index fell 4.74, or 0.3 percent, to 1,457.15. The Nasdaq composite index shed 7.01, or 0.2 percent, to 3,091.81.

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