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October 22, 2024

Wall Street pulls back from records

By STAN CHOE
AP Business Writer

NEW YORK — U.S. stocks edged back from their all-time highs Monday as some of the steam came out of Wall Street's long, record-breaking rally.

The S&P 500 slipped 0.2%, coming off a sixth straight winning week, its longest such streak of the year. The Dow Jones Industrial Average dropped 344 points, or 0.8%, from its own record that was likewise set on Friday, while the Nasdaq composite rose 0.3%.


 
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