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October 22, 2020

Stocks slip as virus aid deal remains elusive

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

U.S. stocks capped another wobbly day of trading with modest losses Wednesday as Wall Street waited for any signs of progress as lawmakers in Washington negotiate over how to deliver more aid for the economy.

The S&P 500 slipped 0.2% after shifting between small gains and losses for much of the day. The benchmark index is on track for its first weekly loss after notching gains in each of the past three weeks. Losses in industrial stocks, health care companies and elsewhere in the market outweighed solid gains by communication services stocks. Treasury yields were mixed.


 
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