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Dow Closes Down 209, Nasdaq Climbs 24

Dow Closes Down 209, Nasdaq Climbs 24 On Tuesday, the S&P 500 saw its first decline after seven straight gains. The benchmark index fell 0.2% after having been down 0.9%. By Damian J. Troise & Alex Veiga | July 6, 2021 | 5:10 p.m. ET. Banks and energy companies helped pull stocks mostly lower on Wall Street Tuesday, ending the S&P 500’s seven-day run of record high closes. The benchmark index fell 0.2% after having been down 0.9%. The Dow Jones Industrial Average fell 0.6%. Tech stocks rose, helping the Nasdaq to a modest gain that nudged the index to an all-time high. Oil prices retreated after jumping overnight when talks among members of the OPEC cartel and allied oil producing countries broke off amid a standoff with the United Arab Emirates over production levels. The news dragged energy stocks lower.

S&P 500 sees 1st decline after 7 straight gains; oil falls | Business

Tuesday, July 06, 2021 4:50 pm S&P 500 sees 1st decline after 7 straight gains; oil falls DAMIAN J. TROISE and ALEX VEIGA | Associated Press   Stocks are closing mostly lower Tuesday, with the S&P 500 posting its first decline after seven consecutive gains. The benchmark index slipped 0.2% and the Dow Jones Industrial Average fell 0.6%. Bond prices rose, sending the yield on the 10-year Treasury to its lowest level since February. Oil prices pulled back after jumping overnight when talks among members of the OPEC cartel and allied oil producing countries broke off amid a standoff with the United Arab Emirates over production levels. The decline in bond yields weighed on banks, which led the slide in the S&P 500. Tech stocks rose, helping the Nasdaq to a modest gain.

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