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That may not be particularly rough for a stock up more than 44% over the last 12 months, but it is an indicator of the high expectations the market has for housing-related stocks after a big 2012, and the potential pain when those expectations are not met.
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It has been another rough week for the stock market.
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It was another rough day in the stock market.
NPR: To Face Economic Crisis, Obama Moves Quickly
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Americans woke up Tuesday morning to word that the Federal Reserve had issued its biggest rate cut in 23 years to help stave off a rough open to the stock market on the heels of overseas losses Monday.
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The retailer of electronic gadgets and funky trinkets has had a rough year, and the stock is down 51.5%.
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Alcoa Inc . ( AA) has had a rough year, as the stock is currently down over 30% even though it did not make new lows at the end of November, line b.
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Stock in MercadoLibre had had a rough session on Wednesday, falling along with most U.S. equities, closing the day down 2.6%.
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Financial historians point to 1937 as a rough parallel but it's an inexact one and, despite one of the greatest stock market rallies ever, few traders came out on the right side of it.
BBC: City Diaries: 4 June
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They explain the jitteriness in the stock market by noting that a fourth of corporate earnings comes from financial companies, which are having a rough year.
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