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Dow Slips 22

S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Oct 16, 2019 3:00 PM CDT
In this Oct. 7, 2019, file photo traders Ashley Lara and John Santiago confer as they work on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks are closing mostly lower on Wall Street as losses for technology and energy companies offset gains in other sectors, the AP reports. Salesforce.com slumped 3.8% Wednesday and Exxon Mobil gave up 1.7%. Homebuilders benefited from a surprisingly good survey on sales. Lennar jumped 2.4%. General Motors rose 1.1% after the automaker and the United Auto Workers reached a tentative deal to end a monthlong strike. The S&P 500 slipped 5 points, or 0.2%, to 2,989. The Dow Jones Industrial Average fell 22 points, or 0.1%, to 27,001. The Nasdaq fell 24 points, or 0.3%, to 8,124. Small-company stocks rose. (Read more stock market stories.)

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