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Wall Street stumbles at the close of another strong month | Business

Wall Street stumbles at the close of another strong month | Business
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The Nashville Ledger

Message:  NEW YORK (AP) — U.S. stock indexes fell Friday, with much of the downward weight coming from a stumble for high-flying Amazon. The S&P 500 lost 23.89, or 0.5%, to 4,395.26. But it nevertheless wrapped up its sixth straight month of gains, its longest such streak since 2018, and it s still within 0.6% of its record high set on Monday. The Dow Jones Industrial Average fell 149.06, or 0.4%, to 34,935.47, and the Nasdaq composite dropped 105.59, or 0.7%, to 14,672.68. Trading was mixed on Friday, with close to two stocks falling in the S&P 500 for every one that rose. Losses for banks and energy producers offset some modest gains for real-estate companies and raw-material producers.

Amazon falls 7 6% as Wall Street stumbles at the close of another strong month

Print U.S. stock indexes fell Friday, with much of the downward weight coming from a stumble for highflying Amazon. The S&P 500 lost 23.89 points, or 0.5%, to close at 4,395.26. But it nevertheless wrapped up its sixth straight month of gains, its longest such streak since 2018, and it’s still within 0.6% of its record high set on Monday. The Dow Jones industrial average fell 149.06 points, or 0.4%, to 34,935.47, and the Nasdaq composite dropped 105.59 points, or 0.7%, to 14,672.68. Trading was mixed on Friday, with close to two S&P 500 stocks falling for every one that rose. Losses for banks and energy producers offset some modest gains for real estate companies and raw material producers.

Stock end lower but still mark 6th straight monthly gain - Medicine Hat NewsMedicine Hat News

Stock end lower but still mark 6th straight monthly gain Business Related Midway NEW YORK (AP) – Stocks ended lower on Wall Street, giving up their gains for the week. The S&P 500 still managed to end July higher, marking six monthly gains in a row, the longest such streak since 2018. The benchmark index fell 0.5% Friday, with a big drag coming from Amazon. The online retail giant slumped 7.6% after it reported sales growth that was big but not as big as Wall Street expected. Its sales forecast also disappointed investors. The Dow Jones Industrial Average lost 0.4% and the Nasdaq fell 0.7%. The yield on the 10-year Treasury note fell to 1.23%.

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