Fiscal cliff whipsaws stocks as confidence dims
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—JCPenney fell nearly 6 percent, losing $1.23 to $19.52, after rising more than 4 percent the day before. The stock has been volatile as the company tries to remake its image to attract younger shoppers.
—Steinway Musical Instruments fell more than 4 percent, down $1.02 to $21.50, after announcing that it doesn’t plan to seek buyers.
AP Business Writer Daniel Wagner contributed from Washington.
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