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via jamaica-gleaner.comMarkets

Wall Street retreats from record as stocks fall worldwide

FROM THE WIRE · JAMAICA-GLEANER.COM

US stocks are pulling back from their record on Wednesday. The S&P 500 fell 0.2 per cent, a day after topping its prior all-time high set in August. The Dow Jones Industrial Average was down some 302 points, or 0.6 per cent, as of midday, and the Nasdaq composite was 0.4 per…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishTechnical correction in US equity markets with pressure from rising bond yields.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01S&P 500 fell 0.2% after topping its prior all-time high the previous day.
  2. 02Dow Jones Industrial Average was down about 302 points (0.6%) at midday.
  3. 0310-year Treasury yield climbed to 5.36% from 5.27% late Tuesday, pressuring stocks.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
S&P 500INDEX:SP500Index7,801.77Market closedtoday -0.22%Negative Dow Jones Industrial AverageINDEX:DJIIndex51,179.87Market closedtoday -0.66%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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