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Dow Drops 160 Points As Record-Breaking Rally Pauses

Ramsey Baker

Summary: Stocks fell on Thursday, taking a break from their recent record-breaking highs, as investors pored through the latest batch of corporate earnings results and are still dealing with fear surrounding the Coronavirus outbreak. The Dow Jones Industrial Average dropped 160 points, or 0.6%. The S&P 500 fell 0.5% while the Nasdaq Composite sank 0.4%. This drop comes after Goldman Sachs, Bank ...

Stocks fell on Thursday, taking a break from their recent record-breaking highs, as investors pored through the latest batch of corporate earnings results and are still dealing with fear surrounding the Coronavirus outbreak.

The Dow Jones Industrial Average dropped 160 points, or 0.6%. The S&P 500 fell 0.5% while the Nasdaq Composite sank 0.4%. This drop comes after Goldman Sachs, Bank of America, Citigroup and J.P. Morgan Chase all fell more than 1%.

By Ramsey Baker

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