Stocks fell broadly Wednesday on Wall Street, adding to losses in the market a day after the Standard & Poor’s 500 index had its biggest drop in four weeks.
Only the index’s consumer discretionary sector, which includes a mix of companies that rely on consumer spending, rose as investors bid up shares in Lowe’s and other big retailers that reported better-than-expected quarterly results. Even so, the S&P 500 remains near its all-time high set Monday.
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