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August 18, 2022

Stocks close broadly lower

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks on Wall Street closed broadly lower Wednesday as drops by big technology companies wiped out the S&P 500's gains for the week.

The benchmark index fell 0.7%, snapping a three-day winning streak. The Dow Jones Industrial Average fell 0.5% and the tech-heavy Nasdaq slid 1.3%.


 
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