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October 16, 2020

Stocks stem early losses as stimulus hopes wane

By ALEX VEIGA
AP Business Writer

U.S. stock indexes erased much of their early losses and closed modestly lower Thursday, extending the S&P 500's losing streak to a third day.

The S&P 500 fell 0.2% after having been down 1.4%. Technology, health care and communications stocks accounted for most of the selling, outweighing slight gains in banks.


 
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