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VOL. 43 | NO. 38 | Friday, September 20, 2019

Stocks little changed after rally wanes

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NEW YORK (AP) — Stocks are sputtering at the close on Wall Street Thursday after an early rally fizzled.

The Dow Jones Industrial Average fell 52 points, or 0.2%, to 27,094, while the S&P 500 was essentially flat at 3,006.

Banks and industrial companies were the biggest decliners. Comerica dropped 1.4% and Southwest Airlines slipped 2%.

Health care and technology stocks led the winners. Microsoft rose 1.8% after announcing a buyback and dividend increase. Merck rose 1.1%.

The gains for tech stocks helped the Nasdaq finish with a gain of 5 points, or 0.1%, at 8,182.

U.S. Steel dropped 11.2% after it warned investors that its third quarter loss will be wider than anticipated.

Bonds fell. The yield on the 10-year Treasury rose to 1.80% from 1.78%.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0