Winning streak for stocks ends as banks and miners slump
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NEW YORK (AP) — A three-day winning streak for U.S. stocks ended quietly Thursday. A decline in bond yields sent bank stocks lower, while utilities and phone companies moved higher.
Stocks traded lower all day as investors took some profits. Banks took the biggest losses, followed by metals companies. With bond yields down, investors snapped up phone and utility company shares. Household good...
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