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Health care and technology losses take US stocks lower

November 10, 2017

Via: ABC News

U.S. stocks are falling Friday as health care companies skid. Technology companies also slipped as investors continued to sell on news that Senate Republicans want to delay a cut in U.S. corporate taxes by one year. Media companies and retailers gained ground. Stocks have risen for eight weeks in a row, their longest run in almost four years, but that streak is on track to end.

KEEPING SCORE: The Standard & Poor’s 500 index lost 7 points, or 0.3 percent, to 2,577 as of 10:10 a.m. Eastern time. The Dow Jones industrial average slid 54 points, or 0.2 percent, to 23,407. The Nasdaq composite gave up 13 points, or 0.2 percent, to 6,736. The Russell 2000 index of smaller-company stocks added 1 point, or 0.1 percent, to 1,476.

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