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Stocks Gives Back FOMC-led Gains, While Nasdaq Flirts with 5,000

Stocks surrendered most of Thursday’s FOMC-fueled gains as Wall Street took profits and falling oil continued to pressure the energy sector, while a stronger dollar weighed on shares of multi-nationals. The reversal in the equity markets left the Dow Jones Industrial Average back below 18,000, and the S&P 500 lower as a result of losses in nearly all but two sectors. The Nasdaq, however, pulled off an impressive gain as a result of advances in tech stocks, leaving the index flirting with its 15-year high of 5,000.

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Stocks Gives Back FOMC-led Gains, While Nasdaq Flirts with 5,000 Reviewed by on . Stocks surrendered most of Thursday's FOMC-fueled gains as Wall Street took profits and falling oil continued to pressure the energy sector, while a stronger do Stocks surrendered most of Thursday's FOMC-fueled gains as Wall Street took profits and falling oil continued to pressure the energy sector, while a stronger do Rating:
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