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US Stocks Edge Down

As bond markets are closed for Columbus Day
By Newser Editors and Wire Services
Posted Oct 14, 2019 3:12 PM CDT
In this Oct. 2, 2019, file photo specialist Dilip Patel, right, works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Major US stock indexes edged lower on Wall Street, a shaky start to the week for the market after the S&P 500 notched its first weekly gain in four weeks, the AP reports. Losses in consumer goods makers, utilities and industrial stocks outweighed gains in banks and elsewhere in the market Monday. Energy stocks also fell as crude oil prices headed lower. Occidental Petroleum lost 1.5%. The S&P 500 fell 4 points, or 0.1%, to 2,966. The Dow Jones Industrial Average lost 29 points, or 0.1%, to 26,787. The Nasdaq fell 8 points, or 0.1%, to 8,048. Small-company stocks fell more than the rest of the market. Bond markets are closed for the Columbus Day holiday. (Read more stock market stories.)

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