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August 26, 2025

Stocks slip on Wall Street after last week's rally

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks on Wall Street closed broadly lower Monday, giving back some of the big gains the market notched last week on hopes for interest rate cuts from the Federal Reserve.

The S&P 500 fell 0.4% and remains near its all-time high. The Dow Jones Industrial Average closed 0.8% lower after setting a record high on Friday. The Nasdaq composite closed 0.2% lower.


 
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