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Wall Street Sinks Again

Dow ends day down 200
By Newser Editors and Wire Services
Posted Mar 7, 2019 3:16 PM CST
Trader Gregory Rowe works on the floor of the New York Stock Exchange, Thursday, March 7, 2019.   (AP Photo/Richard Drew)

(Newser) – Stocks fell again on Wall Street, marking the fourth straight loss for the S&P 500 and putting the benchmark index on track for its first weekly drop since January, the AP reports. Technology companies and banks led the way lower Thursday. Utilities eked out gains as investors sought out safer holdings. With fourth-quarter earnings having wound down and lingering uncertainty over trade talks between the US and China, traders have had little reason to extend the gains the market has made since early this year. The S&P 500 fell 22 points, or 0.8%, to 2,748. The Dow Jones Industrial Average fell 200 points, or 0.8%, to 25,473. The Nasdaq lost 84 points, or 1.1%, to 7,421. (Read more stock market stories.)

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