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Updated from 1:46 p.m. EST
Stocks in New York fell harder and faster into the session's close Wednesday afternoon, as earnings warnings, job cuts and another ethics scandal rattled investor confidence.
The Dow Jones Industrial Average was down 282 points at 8733, and the S&P 500 fell 31 points to 904. The Nasdaq was off by 62 points at 1591.
Tech stocks, which had led the gainers on Tuesday's advance, were at the forefront, alongside financials, of Wednesday's retraction. Hewlett-Packard (HPQ Quote), Microsoft (MSFT Quote) and Intel (INTC Quote) toyed with 5% losses. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
77.05
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UP
30.69
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UP
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UP
6.87
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DOWN
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10 Yr
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SPDR Gold
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+0.32%
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-1.15%
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