Market recap: Stocks slipped down the stretch to halt the S&P’s five-session winning streak,...
Market recap: Stocks slipped down the stretch to halt the S&P’s five-session winning streak, even as data showed weekly jobless claims fell to a five-year low. The decline occurred amid speculation hinting at changes to the Fed's easing program. Most sectors ended lower, dragged by utilities and telecoms. The dollar rose across the board, soaring above 100 yen for the first time in four years.
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