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Dow Ends Day Down 254

6-day winning streak for stocks ends
By Newser Editors and Wire Services
Posted Feb 20, 2018 3:08 PM CST
Dow Ends Day Down 254
Specialists Robert Tuccillo, center, and Matthew Greiner works at their post on the floor of the New York Stock Exchange, Thursday, Feb. 15, 2018.   (AP Photo/Richard Drew)

(Newser) – Stocks took a turn lower in afternoon trading, ending a six-day winning streak, the AP reports. Walmart plunged 10% Tuesday after reporting weak online sales and disappointing earnings. Other retailers and grocery store operators also fell. Target gave up 3% and Ross Stores lost 2.7%. A sell-off in the afternoon wiped out early gains, which were led by technology companies. NXP Semiconductor jumped 6% after Qualcomm raised its offer for the company. The Standard & Poor's 500 index fell 15 points, or 0.6%, to 2,716. The Dow Jones industrial average lost 254 points, or 1%, to 24,964. The Nasdaq composite slipped 5 points, or 0.1%, to 7,234. Bond prices fell. The yield on the 10-year Treasury rose to 2.89%. (Read more stock market stories.)

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