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Stocks slide as coronavirus aid talks hit snag, tech results disappoint

Added 01-22-21 10:04:01am EST - “U.S. equity markets pulled back from record highs led by Intel and IBM after disappointing earnings.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Stocks slide as coronavirus aid talks hit snag, tech results disappoint”. Below is an excerpt from the article.

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Axios markets editor Dion Rabouin provides insight into the winners and losers in the 'Biden market.'

U.S. equity markets were moderately lower Friday morning as a stalemate in coronavirus aid talks and disappointing tech earnings have the major averages set to fall from their record highs.

The Dow Jones Industrial Average was weaker by 222 points, or 0.71%, while the S&P 500 and the Nasdaq Composite were down 0.47% and 0.35%, respectively.

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