07-07-2020 21:51 via kvoa.com

Wall Street follows solid stock market rally with pullback

Banks and companies that rely on consumer spending led stocks broadly lower on Wall Street Tuesday, as the market gave back some of the big gains it made the past couple of weeks. The S&P 500 was down 0.6% after spending most of the day in the red. The pullback put the benchmark index on pace to snap a five-day winning streak. Stocks sank more across the Atlantic after the European Union said this year’s recession will be deeper than earlier forecast. But gains for Microsoft and other
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