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Stock Market News Today: Indexs decline as China's property woes swirl

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US stocks edge lower as August slump continues amid China property woes

: Traders work on the floor of the New York Stock Exchange on June 01, 2023 in New York City. Despite the passing the debt ceiling bill in the U.S. House of Representatives, the Dow was lower in morning trading.Stocks moved lower on Monday, with the Nasdaq Composite coming off its first back-to-back losing weeks of the year.Later this week, top retailers Target, Walmart, and Home Depot will report earnings.

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