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Stocks close lower on Wall Street as rally momentum cools

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A sell-off on Wall Street left stocks broadly lower Thursday, giving back some of the market's gains from a three-day winning streak.

A gold pocket watch said to have been made for J.P. Morgan disappeared, prompting a hunt that plunged into the baroque world of high-end antiquities.

Energy futures closed mostly lower. The price of U.S. crude oil fell 2% and helped pull energy stocks lower. Devon Energy lost 4%.climbed 4.5% after raising its dividend and issuing a solid forecast. Pfizer, which has been touting the potential benefits of a vaccine booster against Omicron, rose 1.3%.

 

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