Market recap: Stocks staged a mild retreat from record highs as talk of a Fed wind-down from its...
Market recap: Stocks staged a mild retreat from record highs as talk of a Fed wind-down from its bond-buying program grows louder. Downbeat reports on jobless claims and housing starts weighed on sentiment at the open. Most S&P sectors fell, led by health care and utilities, while techs rallied after Cisco (+12.5%) topped expectations. Treasurys rose, pulling the 10-year yield to 1.87%.
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