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U.S. Stocks Drop After Last Week’s Big Rally

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U.S. stocks slipped and government-bond yields rose Monday as investors digested new comments from Fed officials

U.S. stocks finished lower Monday after last week’s big rally, while investors digested fresh comments from Federal Reserve officials about the outlook for further interest-rate increases.

, and the Nasdaq Composite sank 127.11 points, or 1.1%, to 11196.22. The Dow Jones Industrial Average shed 211.16 points, or 0.6%, to 33536.70.

 

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