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February 20, 2015

Tech stocks move higher

NEW YORK (AP) — A slide in shares of utility companies nudged the U.S. stock market lower Thursday.

Utilities were the day's biggest losers, falling 1 percent, and their losses resumed a trend that emerged in late January. Investors have dumped the dividend-rich stocks as the yield of the U.S. 10-year note creeps higher.


 
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