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Stocks slumped on Wall Street Thursday, handing the market its second straight loss, as investors worried about an apparent stalemate in trade talks between the U.S. and China.
Trade-sensitive technology stocks led the market slide. The yield on the 10-year Treasury note slid to its lowest level in more than a year as traders sought safety in the bond market.
The S&P 500 index fell 34.03 points, or 1.2%, to 2,822.24.
The Dow Jones Industrial Average lost 286.14 points, or 1.1%, to 25,490.47.
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The Nasdaq composite dropped 122.56 points, or 1.6%, to 7,628.28.
The Russell 200 index of small company stocks gave up 30.25 points, or 2%, to 1,501.38.
For the week:
The S&P 500 is down 37.29 points, or 1.3%.
The Dow is down 273.53 points, or 1.1%.
The Nasdaq is down 188 points, or 2.4%.
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The Russell 2000 is down 34.38 points, or 2.2%.
For the year:
The S&P 500 is up 315.39 points, or 12.5%.
The Dow is up 2,163.01 points, or 9.3%.
The Nasdaq is up 993.01 points, or 15%.
The Russell 2000 is up 152.82 points, or 11.3%.
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