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December 4, 2019

Dow drops 280 points

By ALEX VEIGA
AP Business Writer

Stocks closed broadly lower and bond prices rose sharply on Wall Street Tuesday after President Donald Trump cast doubt over the potential for a trade deal with China this year.

Technology companies, banks and industrial stocks accounted for much of the sell-off, which extended the S&P 500's losing streak to a third day. Utilities and real estate stocks rose as traders favored less-risky assets.


 
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