Wall St sheds gains, investors sell defensive plays
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The Dow industrials and the S&P 500 shed gains and briefly turned negative on Friday, as investors locked in profits in shares of consumer staples and utilities, sectors seen as defensive plays.
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Wall Street retreated ahead of a widely expected interest rate cut by the Federal Reserve as investors cashed in profits from the stock marketâs two-day rally.
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U.S. stocks fell on Friday, as banks and brokers retreated on concerns about the impact of tightening credit on takeovers and the subprime mortgage industry.
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U.S. stocks fell on Friday as banks and brokers retreated on concerns about the impact of tightening credit on takeovers and the subprime mortgage industry.
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Stocks fell on Thursday as interest-rate concerns spurred investors to lock in profits after an extended run of gains and before a long holiday weekend.
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Wall Street was on the defensive on Tuesday, as investors sifted disappointing earnings news from the retail and semiconductor sectors, a massive stock buyback at Expedia and a management shuffle at Yahoo.
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U.S. stocks ended lower on Thursday after a volatile trading session as investors continued to snap up safer assets like bonds, following Tuesday's global equities sell-off.
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Stocks fell on Friday, halting a   four-day rally, as investors sold to lock in profits after the   Dow industrials touched a record high and Wall Street rounded   out its best third quarter in nine years.
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U.S. stocks ended lower on Thursday as investors took profits following data that signalled strength in the economy and revived interest-rate concerns.
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NEW YORK - Disappointing earnings from Morgan Stanley and oil prices topping $48 per barrel sent stocks sharply lower Wednesday as investors moved to protect their recent gains. The Dow Jones industrial average dropped 138 points...
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NEW YORK, June 20 -- A surge in Treasury yields rattled Wall Street on Wednesday, forcing stocks to give up early gains and drive down the Dow Jones industrial average more than 140 points.
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US stocks cut some losses late Friday afternoon as investors did some bargain hunting for drug stocks, which were beaten down to relatively cheap prices after a slew of negative reports earlier in the day.
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U.S. stocks fell  on Thursday as  disappointing earnings reports from companies including  Caterpillar and Amgen combined with higher oil prices to turn  investors cautious after two days of gains.
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Stocks were little changed on Tuesday as investors bought defensive shares such as utilities and food producers, offsetting the drag from financial companies and fallout from the mortgage market.
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Wall Street fell Monday as investors, showing their cautious side after the market's best week in four years, cashed in profits while they debated their next move.
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Wall Street stocks were set to retreat at the opening bell on Thursday, following Wednesday&#39;s gains, as Freddie Mac reported a plunge in second quarter profits and the market awaits further direction from the Federal Reserve.
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The global equity sell-off continued on Monday, driving down the S&P 500 and the Nasdaq stock indexes as concerns about the subprime mortgage lending market aggravated a move away from risky investments.