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Roundup: U.S. equities post weekly loss amid inflation concerns


Roundup: U.S. equities post weekly loss amid inflation concerns
18 Jul 2021, 05:44 GMT+10
NEW YORK, July 17 (Xinhua) U.S. stocks declined for the week, pressured by a continued rise in U.S. inflation readings.
For the week ending Friday, the Dow lost 0.5 percent, while the S&P 500 and the tech-heavy Nasdaq Composite dropped 1 percent and 1.9 percent, respectively.
The S&P U.S. Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on U.S. exchanges by total market cap, logged a weekly decrease of 1.2 percent.
A hotter-than-expected report on U.S. inflation became a focus on Wall Street this week. ....

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U.S. stocks fall amid economic data


U.S. stocks fall amid economic data
17 Jul 2021, 06:55 GMT+10
NEW YORK, July 16 (Xinhua) U.S. stocks fell noticeably on Friday as investors sifted through latest economic data.
The Dow Jones Industrial Average decreased 299.17 points, or 0.86 percent, to 34,687.85. The S&P 500 fell 32.87 points, or 0.75 percent, to 4,327.16. The Nasdaq Composite Index slid 115.90 points, or 0.80 percent, to 14,427.24.
Seven of the 11 primary S&P 500 sectors ended in red, with energy down 2.77 percent, leading the laggards. Utilities rose 0.99 percent, the best-performing group.
U.S.-listed Chinese companies traded lower with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note. ....

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