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July 16, 2025

Nvidia nudges Nasdaq to another record

By STAN CHOE
AP Business Writer

NEW YORK — Most U.S. stocks slumped on Tuesday after the latest update on inflation hurt Wall Street's hopes for lower interest rates.

The S&P 500 fell 0.4%, though it's still near its all-time high set last week, as 90% of the stocks within the index fell. The Dow Jones Industrial Average dropped 436 points, or 1%.


 
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