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Investing.com Weekly Wrap-Up 26 August 2016

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Written by Investing.com Staff, Investing.com

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.29%

U.S. stocks were mixed after the close on Friday, as gains in the Healthcare, Technology and Financials sectors led shares higher while losses in the Utilities, Telecoms and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.29%, while the S&P 500 index fell 0.16%, and the NASDAQ Composite index added 0.13%.

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 more WWRT

What We Read Today 26 August 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

BECOME A GEI MEMBER - IT's FREE!

Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

Lyme Disease: A Ticking Time Bomb

from The Conversation

-- this post authored by Hany Elsheikha, University of Nottingham

On any ranked list of nasty diseases transmitted by mosquitoes, ticks and fleas in the Western world, Borrelia burgdorferi, would have to lie near the top. These bacteria cause Lyme disease, which was first recognised in the US in the early 1970s among patients in Lyme, Connecticut. However, the oldest known case was the Tyrolean Iceman, a 5,300-year-old Copper-age mummified individual, discovered in the Italian Alps.

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Infographic Of The Day: Celebrities Hotel Habits

As we all know, a hotel's number one priority is taking care of their guests. Most of the time that means making sure rooms are tidy, towels and toiletries have been replenished and that you've got an extra pillow if you need it. But what happens when an A-List celebrity books in?

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Video of the Day:

Emails leaked from billionaire George Soros’ Open Society Foundation show the level of influence he has on foreign affairs. Soros has donated over $30 million to Hillary Clinton, making him her largest financial backer. The mainstream media, however, has been silent about the leak. RT America’s Alexey Yaroshevsky has the report.


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 more investing, markets, precious metals & forex

26Aug2016 Market Close: US Markets Close In The Red, US Dollar Remains Higher, Crude And Gold Back Down Where They Started Yesterday



 more opinion

Gawker Had Its Problems, But Its Death Is Worrying For All Watchdog Journalists

from The Conversation

-- this post authored by Jane B. Singer, City University London

So it's farewell, then, to Gawker. After 14 years of dancing on the edge of ethical probity and legal propriety, doing some good journalism as well as some less good, the New York-based website - an online blend of investigation, gossip, commentary and satire - has been forced out of business.

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 USA economy at a glance (boxed items are updates in last 7 days)

19 August 2016: ECRI's WLI Growth Index Declines Slightly

ECRI's WLI Growth Index which forecasts economic growth six months forward marginally declined but remains in positive territory for the 22nd week - after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar index.

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