Wall Street slams the brakes for a rare slowdown following record-setting rally

Wall Street slams the brakes for a rare slowdown following record-setting rally

City A.M.

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Wall Street hit the brakes on its big rally on Wednesday after disappointing profit reports from companies and warnings that the market had simply gone too far, too fast. The S&P 500 slumped 1.5 per cent  for its worst loss since beginning a monster-sized rally shortly before Halloween. The Dow Jones Industrial Average dropped 475 [...]

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