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Among the declining stocks was Wal-Mart Stores, which fell along with other retailers as investors worried about sales being weaker than expected during the holiday season.
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That's weaker than expected.
Nor did money supply data that were weaker than expected.
Tiffany said holiday sales were weaker than expected.
The latest housing data, however, was weaker than expected.
Weekly jobs data released on Thursday was weaker than expected.
The first-quarter growth was weaker than expected.
Recent economic data had been weaker than expected.
If sales were weaker than expected, profits were higher than forecast.
That's very plausible, given today's inflation report was weaker than expected.
To recap: The report, released June 3 by the Labor Department, was weaker than expected.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com