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U.S. stocks extend losses in choppy session as investors assess earnings, rising bond yields

U.S. stock indexes traded lower on Wednesday afternoon in choppy trade, as investors weighed Netflix’s surprisingly positive earnings report and monitored a continued rise in Treasury yields. The S&P 500 (SPX) was off 36 points, or 1%, at 3,683. On Tuesday, the Dow rose 551 points, or 1.9%, while the S&P 500 rose 2.7% and the Nasdaq Composite gained 3.4%. Read More...

U.S. stock indexes traded lower on Wednesday afternoon in choppy trade, as investors weighed Netflix’s surprisingly positive earnings report and monitored a continued rise in Treasury yields. The S&P 500 (SPX) was off 36 points, or 1%, at 3,683. On Tuesday, the Dow rose 551 points, or 1.9%, while the S&P 500 rose 2.7% and the Nasdaq Composite gained 3.4%.

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