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January 19, 2023
Wall Street had its biggest pullback of the year Wednesday after a broad slide for stocks wiped out much of the benchmark S&P 500 index's gains from last week.
The S&P 500 fell 1.6% after having been up as much as 0.6% in the early going. The Dow Jones Industrial Average lost 1.8% and the Nasdaq composite slid 1.2%, ending a seven-day winning streak. The losses are reversal for the market, which kicked off the year with a two-week rally.
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