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February 8, 2019

Earnings worries sink stocks

By ALEX VEIGA
AP Business Writer

Renewed pessimism about the strength of the global economy and corporate profits this year led to sharp losses on Wall Street Thursday.

Technology companies, health care stocks and banks accounted for much of the selling. Twitter slumped almost 10 percent after issuing a weak forecast. Traders sought safety in U.S. government bonds, sending yields lower.


 
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