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April 24, 2026

Socks fall on a shaky Wall Street

By STAN CHOE
AP Business Writer

NEW YORK — U.S. stocks pulled back from their record heights on a shaky Wall Street Thursday following mixed profit reports from Tesla and other big companies. Oil prices, meanwhile, jumped on worries about what will happen next in the war with Iran.

The S&P 500 fell 0.4% and halted a weekslong rally that had erased all its losses because of the war and then carried it to all-time highs. The Dow Jones Industrial Average dipped 179 points, or 0.4%, while the Nasdaq composite dropped 0.9% from its own record.


 
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