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January 15, 2026

Wall Street slumps as bank and tech stocks fall

By STAN CHOE
AP Business Writer

NEW YORK — Losses for several banks and Big Tech stocks pulled indexes lower on Wednesday, even though the majority of stocks on Wall Street rose.

The S&P 500 slipped 0.5% for its second straight loss after setting its all-time high. The Dow Jones Industrial Average dipped 42 points, or 0.1%, and the Nasdaq composite lost 1%.


 
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