Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids
4 months, 4 weeks ago

Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids

Associated Press  

TOKYO — Asian shares dropped in Thursday morning trading, with Tokyo’s benchmark losing more than 1,000 points at one point and closing down more than 3%, as pessimism set in over a nose-dive on Wall Street. U.S. stock indexes suffered their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology. Profit expectations are high for U.S. companies broadly, but particularly so for the small group of stocks known as the “ Magnificent Seven.” Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla need to keep delivering powerful growth after being responsible for most of the S&P 500’s run to records this year. The profit reports from Tesla and Alphabet weren’t disasters, but they raised questions among investors about which other market heavyweights’ springtime results could fall short of expectations, said Sam Stovall, chief investment strategist at CFRA. But Chris Williamson, chief business economist at S&P Global Market Intelligence, said some potentially concerning signals were also lying beneath the surface, including heightened uncertainty around November’s elections.

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History of this topic

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
14 hours, 19 minutes ago

Wall Street heads for upbeat open as investors cheer US inflation data

Live Mint  

* Dollar gains, S&P futures up 0.1% * Futures imply two Fed rate cuts in 2025 * Dollar remains strong on high bond yields By Amanda Cooper LONDON, Dec 23 - U.S. stock futures rose on Monday, pointing to an upbeat start on Wall Street following a U.S. inflation reading last week that offered some hope for further policy easing …

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week
22 hours, 35 minutes ago

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week

Associated Press  

BANGKOK — Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave last week when the central bank hinted it may deliver fewer cuts …

Wall Street rises to turn a dismal week into just a bad one
3 days, 22 hours ago

Wall Street rises to turn a dismal week into just a bad one

Associated Press  

NEW YORK — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave this week when the central bank hinted it may deliver fewer cuts to interest rates next year …

How major US stock indexes fared Tuesday, 12/17/2024
6 days, 5 hours ago

How major US stock indexes fared Tuesday, 12/17/2024

Associated Press  

U.S. stock indexes closed lower and gave back some of their stellar gains for the year. The S&P 500 fell 0.4% Tuesday, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite fell 0.3% from its record set the day before. The Dow Jones Industrial Average fell 267.58 …

Stock market today: Asian shares mostly decline after Nasdaq sets record ahead of Fed meeting
6 days, 19 hours ago

Stock market today: Asian shares mostly decline after Nasdaq sets record ahead of Fed meeting

Live Mint  

Bangkok, Shares fell in Asia on Tuesday after the Nasdaq set a record ahead of a meeting by the Federal Reserve later this week that could set the direction for markets in the new year. Tokyo's benchmark Nikkei 225 index lost 0.2% to 39,364.68, helped by gains in technology shares including SoftBank Group Corp., whose CEO Masayoshi Son joined President-elect …

Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again
6 days, 22 hours ago

Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again

Associated Press  

NEW YORK — U.S. stock indexes pulled back on Tuesday to trim some of their stellar gains for the year. Nvidia, the superstar stock that’s been a big reason for Wall Street’s run to repeated records this year, fell 1.2% to weigh on the market. Like the overall U.S. market, Nvidia’s stock had climbed so much that critics warned expectations …

How major US stock indexes fared Friday, 12/13/2024
1 week, 3 days ago

How major US stock indexes fared Friday, 12/13/2024

Associated Press  

Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. Broadcom surged after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. On Friday: The S&P 500 fell 0.16 points, or less than 0.1%, to 6,051.09. The Dow Jones Industrial Average fell 86.06 points, or 0.2%, …

Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints
1 week, 3 days ago

Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints

Associated Press  

HONG KONG — Asian shares fell on Friday, tracking Wall Street’s decline in response to potentially discouraging data on the economy. The European Central Bank cut rates by a quarter of a percentage point on Thursday, as many investors expected, and the Swiss National Bank cut its policy rate by a steeper half of a percentage point. Following its decision, …

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting
1 week, 4 days ago

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting

Live Mint  

Wall Street today: The US markets opened today with the S&P 500 and the Nasdaq losing points on Thursday, after closing higher at the previous market close. At 9:37 a.m., the Dow Jones Industrial Average rose 0.09 per cent to 44,188.62 points, the S&P 500 dropped 0.26 per cent to 6,068.64 points and the Nasdaq Composite fell 0.48 per cent …

Stock market today: Asian shares advance, tracking rally on Wall Street
Trending News
1 week, 4 days ago

Stock market today: Asian shares advance, tracking rally on Wall Street

Associated Press  

BANGKOK — Shares advanced Thursday in Asia after Wall Street resumed its upward climb, as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. U.S. stock indexes resumed climbing on Wednesday after an update on inflation appeared to clear the way for more help for the economy from the Federal …

Stock market today: Wall Street slips to a rare back-to-back loss
1 week, 6 days ago

Stock market today: Wall Street slips to a rare back-to-back loss

Associated Press  

NEW YORK — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. AP AUDIO: Stock market today: Wall Street drifts as it waits for inflation data Investors are looking for direction on Wall Street. Wednesday’s update and a report on Thursday about …

Stock market today: Wall Street slips to a rare back-to-back loss
2 weeks ago

Stock market today: Wall Street slips to a rare back-to-back loss

LA Times  

A banner for Alaska Air Group hangs at the front of the New York Stock Exchange in the city’s Financial District. U.S. stock indexes drifted lower Tuesday in the run-up to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. Tech titan Oracle dragged on the market and sank 6.7% after reporting …

How major US stock indexes fared Thursday, 12/5/2024
2 weeks, 4 days ago

How major US stock indexes fared Thursday, 12/5/2024

Associated Press  

U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The Dow Jones Industrial Average lost 0.6%, while the Nasdaq composite fell 0.2%. On Thursday: The S&P 500 fell 11.38 points, or 0.2%, to 6,075.11. The Dow Jones Industrial Average fell 248.33 points, or 0.6%, to 44,765.71. The Russell 2000 index of smaller …

Stock market today: Wall Street inches higher to set more records
2 weeks, 6 days ago

Stock market today: Wall Street inches higher to set more records

Associated Press  

NEW YORK — U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. Nippon Steel announced plans last December to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. …

Asian Stocks Eye Gains as Wall Street Awaits Data: Markets Wrap
3 weeks ago

Asian Stocks Eye Gains as Wall Street Awaits Data: Markets Wrap

Live Mint  

-- Asian stocks are set to follow the positive lead from Wall Street where a rally in the world’s largest technology companies drove stocks to fresh all-time highs. Treasuries pared losses on Monday after Fed Governor Christopher Waller said he’s inclined to vote for a rate cut in December, with swaps pricing in more than 70% of a quarter-point cut …

Stock market today: Rising tech stocks pull Wall Street to another record
3 weeks ago

Stock market today: Rising tech stocks pull Wall Street to another record

Associated Press  

NEW YORK — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. Economists expect Friday’s headliner report …

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower
3 weeks, 4 days ago

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower

Associated Press  

BANGKOK — Shares opened higher in Europe on Thursday after a mixed session in Asia following a Big Tech-led retreat on Wall Street. South Korea’s Kospi gained less than 0.1% to 2,504.67 after the central bank cut its benchmark interest rate to relieve pressure on its slowing economy. Hong Kong’s Hang Seng index lost 1.2% to 19,366.96 and the Shanghai …

Stock market today: Losses for Big Tech pull US indexes lower
3 weeks, 5 days ago

Stock market today: Losses for Big Tech pull US indexes lower

Associated Press  

Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. Several personal computer makers also helped pull the market lower following their latest earnings reports. AP AUDIO: Stock market today: Wall Street wavers as Big Tech stocks fall AP correspondent Seth Sutel reports on the latest market movements. The …

Losses for Big Tech pull U.S. stock indexes lower
3 weeks, 6 days ago

Losses for Big Tech pull U.S. stock indexes lower

LA Times  

The Standard & Poor’s 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. Technology stocks helped pull stocks lower Wednesday on Wall Street, handing the market its first loss in more than a week. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls …

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000
1 month ago

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Associated Press  

NEW YORK — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock …

Wall Street today: US stocks drop amid geopolitical tensions, Nvidia earnings in focus, Target tanks 20%
1 month ago

Wall Street today: US stocks drop amid geopolitical tensions, Nvidia earnings in focus, Target tanks 20%

Live Mint  

US stocks dropped on Wednesday amid escalating geopolitical tensions between Russia and Ukraine, and as investors awaited chip giant Nvidia's quarterly results. At 09:53 am the Dow Jones Industrial Average rose 1.09 points to 43,270.03, the S&P 500 lost 20.79 points, or 0.35 per cent, to 5,896.19 and the Nasdaq Composite lost 94.90 points, or 0.50 per cent, to 18,892.57. …

Stock market today: Wall Street drifts as Target tumbles
1 month ago

Stock market today: Wall Street drifts as Target tumbles

Associated Press  

NEW YORK — U.S. stocks drifted to a mixed finish on Wednesday, though the modest moves for indexes masked some thrashing underneath the surface. Target’s performance stood in stark contrast to rival Walmart, which reported another quarter of stellar sales Tuesday and released optimistic projections for the holiday season. It’s grown so fast, with its stock nearly tripling for the …

Stock market today: Wall Street weakens as its post-election boom slows some more
1 month, 1 week ago

Stock market today: Wall Street weakens as its post-election boom slows some more

Associated Press  

NEW YORK — U.S. stocks slipped Thursday as the market’s big burst following Donald Trump’s election continued to cool. Cisco Systems’ 2.1% drop weighed on the market, even though the tech giant reported stronger profit for the latest quarter than analysts expected. It’s a turnaround from the election’s immediate aftermath, when the thought was that an “America First” president would …

Wall Street weakens as its post-election boom slows some more
1 month, 1 week ago

Wall Street weakens as its post-election boom slows some more

LA Times  

The Standard & Poor’s 500 index fell 0.6%, though it’s still near its all-time high set Monday. Cisco Systems’ drop of 2.1% weighed on the market, even though the tech giant reported stronger profit for the latest quarter than analysts expected. It’s a turnaround from the election’s immediate aftermath, when the thought was that an “America first” president would benefit …

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade
Trending News
1 month, 1 week ago

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade

Associated Press  

HONG KONG — Asian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory. Stocks had been broadly rising since last week on expectations that Trump’s preference for lower tax rates and other policies may mean faster economic growth, as well as bigger U.S. government debt …

How major US stock indexes fared Monday, 11/11/2024
Trending News
1 month, 1 week ago

How major US stock indexes fared Monday, 11/11/2024

Associated Press  

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up …

US Stock Market Surges, Oil Prices Climb, and Treasury Yields Dip
Trending News
1 month, 2 weeks ago

US Stock Market Surges, Oil Prices Climb, and Treasury Yields Dip

Associated Press  

US stock markets enjoyed a mixed performance on Monday, with the S&P 500 and Dow Jones Industrial Average showing slight losses, while the Nasdaq composite lost ground. Oil prices climbed, while Treasury yields dropped. The Chinese government's decision on stimulus for the world's second-largest economy is expected to be a major factor to watch for investors.

Stock market today: Asian shares are mostly higher as China begins major economic meeting
1 month, 2 weeks ago

Stock market today: Asian shares are mostly higher as China begins major economic meeting

The Independent  

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Stock market today: Japan leads losses in Asia after sharp decline on Wall St driven by Big Tech
1 month, 3 weeks ago

Stock market today: Japan leads losses in Asia after sharp decline on Wall St driven by Big Tech

The Independent  

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Stock market today: Asia shares decline as investors await earnings, US elections and economic data
1 month, 3 weeks ago

Stock market today: Asia shares decline as investors await earnings, US elections and economic data

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. South Korea's Kospi dropped 1.2% …

Asian stocks are mixed following a quiet day on Wall Street
2 months ago

Asian stocks are mixed following a quiet day on Wall Street

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. U.S. futures and oil prices …

Wall Street slumps to a rare three-day losing streak
2 months ago

Wall Street slumps to a rare three-day losing streak

LA Times  

U.S. stocks fell Wednesday as more steam came out of Wall Street’s huge, record-breaking rally. The Dow Jones industrial average dropped 409 points, or 1%, while the Nasdaq composite tumbled 1.6%; Nvidia and other major tech stocks were among the market’s heaviest weights. McDonald’s helped pull the market lower, dropping 5.1% after federal health officials linked its Quarter Pounder burgers …

Stock market today: Asian shares fall after Wall Street pulls back from its records
2 months ago

Stock market today: Asian shares fall after Wall Street pulls back from its records

The Independent  

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Asia's Stock Market Tight, Gold Soars to Record High as Middle East Tensions Spark Demand
2 months ago

Asia's Stock Market Tight, Gold Soars to Record High as Middle East Tensions Spark Demand

Live Mint  

Asian stock markets are trading in a tight range, while gold reaches a record high as tensions in the Middle East escalate. Australian stocks gain, while Japanese equities slip and Hong Kong equity futures signal declines. US futures rise after the S&P 500's longest winning streak this year. Silver, palladium and platinum all rise, while crude remains unchanged. The reappointment …

Wall Street pulls back from its records
2 months ago

Wall Street pulls back from its records

LA Times  

People pass the New York Stock Exchange in New York’s Financial District on Oct. 16, 2024. U.S. stocks edged back from their all-time highs Monday as some of the steam came out of Wall Street’s long, record-breaking rally. Crude oil prices rose to regain some of last week’s sharp losses, while U.S. Treasury yields climbed and stock indexes mostly fell …

Stocks Continue Winning, But Concerns Remain
2 months ago

Stocks Continue Winning, But Concerns Remain

Associated Press  

U.S. stocks continued their winning streak with the S&P 500 and Dow Jones both closing at record highs. Netflix's strong earnings helped drive the market, while CVS Health's profit outlook and leadership changes weighed on the Dow. American Express's profit fell short of expectations, while oil prices tumbled as concerns about the strength of demand from China eased. Intuitive Surgical's …

Wall Street rises as tech stocks and oil prices steady themselves
2 months, 1 week ago

Wall Street rises as tech stocks and oil prices steady themselves

LA Times  

The Standard & Poor’s 500 gained 0.5% to recover much of the slide from its all-time high the day before. U.S. stocks rose Wednesday following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies. The Standard & Poor’s 500 index gained 0.5% to recover much of the slide from its all-time high the day before because of …

Wall Street falls from its records as oil prices tumble and tech stocks drop
2 months, 1 week ago

Wall Street falls from its records as oil prices tumble and tech stocks drop

LA Times  

The Standard & Poor’s 500 index fell 0.8%, a day after setting an all-time high for the 46th time this year. Exxon Mobil dropped 3%, and energy stocks fell to some of Wall Street’s sharpest losses after oil prices tumbled more than 4%. Chief Executive Christophe Fouquet said AI continues to offer strong upside potential, but “other market segments are …

Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing
2 months, 2 weeks ago

Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing

The Independent  

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China stocks decline amid economic recovery disappointment, while other markets in Asia rise
2 months, 2 weeks ago

China stocks decline amid economic recovery disappointment, while other markets in Asia rise

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Let’s call it what it …

Wall Street rebounds after Hong Kong stocks suffer their worst day since 2008
2 months, 2 weeks ago

Wall Street rebounds after Hong Kong stocks suffer their worst day since 2008

LA Times  

U.S. stocks rebounded Tuesday after falling oil prices released some of the pressure that had built up on the market. Wall Street held firm even though stock markets around the world sank after scary swings in China, as euphoria about possible stimulus for the world’s second-largest economy gave way to disappointment. Stocks tumbled 9.4% in Hong Kong, marking their worst …

Stock market today: Asian benchmarks dip after Wall Street's mixed finish
3 months, 1 week ago

Stock market today: Asian benchmarks dip after Wall Street's mixed finish

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares traded mostly lower …

Asia shares slip, China inflation surprisingly soft
3 months, 2 weeks ago

Asia shares slip, China inflation surprisingly soft

Hindustan Times  

By Wayne Cole Asia shares slip, China inflation surprisingly soft SYDNEY -Asian share markets slid on Monday after worries about a possible U.S. economic downturn slugged Wall Street, though U.S. stock futures did rally from an early dip and bond yields came off their lows. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 1.2%, after shedding 2.25% last week, …

Asian stocks decline, following Wall Street's drop on worries about the economy
3 months, 2 weeks ago

Asian stocks decline, following Wall Street's drop on worries about the economy

The Independent  

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Wall Street tumbles on worries about the economy; Dow drops more than 600 points
3 months, 3 weeks ago

Wall Street tumbles on worries about the economy; Dow drops more than 600 points

LA Times  

U.S. stocks tumbled Tuesday to their worst day since an early August sell-off, as a week full of updates on the economy got off to a discouragingly weak start. Stocks of oil and gas companies were some of the market’s biggest losers after the price of crude oil fell roughly 4% on concerns about how much fuel a fragile global …

Losses for Big Tech companies lead Wall Street lower
3 months, 3 weeks ago

Losses for Big Tech companies lead Wall Street lower

LA Times  

The New York Stock Exchange with Trinity Church in the background on Aug. 28, 2024. Stocks on Wall Street closed lower Wednesday as a pullback in big technology companies outweighed gains elsewhere in the market. Its earnings and revenue topped Wall Street’s forecasts, but the stock fell 3.7% in after-hours trading. The hope is that the data show inflation easing …

How major US stock indexes fared Monday, 8/26/2024
3 months, 3 weeks ago

How major US stock indexes fared Monday, 8/26/2024

Associated Press  

The Dow Jones Industrial Average closed at a record high on Wall Street, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower. The mixed trading came at the start of a week featuring another full slate of corporate earnings and the government’s latest inflation reading. The Dow Jones Industrial Average rose 65.44 points, …

Stock market today: Wall Street rallies near its record heights as ‘time has come’ for cuts to rates
4 months ago

Stock market today: Wall Street rallies near its record heights as ‘time has come’ for cuts to rates

Associated Press  

NEW YORK — U.S. stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy. The S&P 500 rose 1.1% after Fed Chair Jerome Powell said in a highly anticipated speech that the …

Stock market today: Wall Street weakens ahead of a highly anticipated speech
4 months ago

Stock market today: Wall Street weakens ahead of a highly anticipated speech

Deccan Chronicle  

New York: U.S. stocks weakened Thursday in the run-up to Wall Street's main event for the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. Stocks fell as Treasury yields cranked up the pressure in the bond market following some mixed data on the U.S. economy, which has been slowing under the weight of high interest rates …

How major US stock indexes fared Thursday, 8/22/2024
4 months ago

How major US stock indexes fared Thursday, 8/22/2024

Associated Press  

Stocks closed lower in the run-up to Wall Street’s main event for the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. The Dow dropped 177 points, or 0.4%, and the Nasdaq composite sank 1.7%. On Thursday: The S&P 500 fell 50.21 points, or 0.9%, to 5,570.64. The Dow Jones Industrial Average fell 177.71 points, or 0.4%, …

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