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The Closing Bell: Wall Street Retreats After Rally; Caterpillar, Financials Fall
FYI: Banks and other financial companies led U.S. stocks lower in late-afternoon trading Thursday as investors sized up the latest batch of company news and earnings reports. The slide came a day after indexes soared to their latest record highs. Industrials and materials stocks were among the biggest decliners. Utilities were up the most. Regards, Ted Bloomberg: https://www.bloomberg.com/news/articles/2017-03-01/global-stocks-rally-intact-as-u-s-hits-new-highs-markets-wrap
