Stocks slip as weak economic readings stall rally

The Dow Jones industrial average fell for the first time in five days as weaker-than-expected readings on activity in the service industry and private-sector employment shook investor confidence in an imminent economic recovery. The DJIA closed down 39 points, or 0.42 percent, at 9,281.

Financial stocks were among the Dow's biggest winners, with Bank of America (BAC), American Express (AXP) and JPMorgan Chase (JPM) all surging. A handful of seriously troubled financials saw huge gains, including CIT Group (CIT), which rose 38 percent, and American International Group (AIG), which posted a 63 percent gain.

For more stocks making moves today, be sure to check out BloggingStocks' market wrap-up.

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