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US Stocks Close Broadly Lower

Dow ends day down 105
By Newser Editors and Wire Services
Posted Dec 9, 2019 3:00 PM CST
In this Dec. 5, 2019, file photo trader James MacGilvray works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks are closing broadly lower on Wall Street as the market gives back some of its gains from last week, the AP reports. Technology and health care stocks accounted for much of the selling. Those losses outweighed gains in companies that rely on consumer spending, among others. The market pullback comes as investors wait for new developments in the trade negotiations between Washington and Beijing. The S&P 500 fell 9 points, or 0.3%, to 3,135. The Dow Jones Industrial Average fell 105 points, or 0.4% to 27,909. The Nasdaq lost 34 points, or 0.4%, to 8,621. Bond prices rose, sending yields lower. (Read more stock market stories.)

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