Market week: August 4, 2014
 

A strong GDP report, generally positive corporate earnings, and a slightly more optimistic outlook from the Fed couldn't offset the ongoing stream of bleak news about geopolitical problems and investor desire to take some money off the table. The Russell 2000's recent losing streak spread to the large caps as the S&P 500 had its worst week of the year. Argentina's default on sovereign debt helped prompt a selloff on Thursday, which cut 317 points from the Dow and sent it back into negative territory for the year.

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