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Stocks slip but remain on track for another winning week


Added 01-11-19 10:45:02am EST - “The Western Journal has not reviewed this Associated Press story prior to publication. Therefore, it may contain editorial bias or may in some other way not meet our normal editorial standards. It is provided to our readers as a service…” - Westernjournal.com

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Posted By TheNewsCommenter: From Westernjournal.com: “Stocks slip but remain on track for another winning week”. Below is an excerpt from the article.

FILE- In this Jan. 4, 2019, file photo specialists Anthony Rinaldi, left, and Peter Mazza confer as they work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 11. (AP Photo/Richard Drew, FIle)

The Western Journal has not reviewed this Associated Press story prior to publication. Therefore, it may contain editorial bias or may in some other way not meet our normal editorial standards. It is provided to our readers as a service from The Western Journal.

NEW YORK (AP) — Stocks slipped in Friday morning trading, as falling oil prices dragged down energy companies, but the S&P 500 remained on track to close out its third straight winning week following a brutal December.

KEEPING SCORE: The S&P 500 was down 14 points, or 0.6 percent, at 2,582, as of 10 a.m. Eastern time. The Dow Jones industrial average fell 155, or 0.6 percent, to 23,846, and the Nasdaq composite lost 44, or 0.6 percent, to 6,942.

CRUDE CALL: Energy stocks in the S&P 500 fell 1 percent for the largest loss among the 11 sectors that make up the index. Exxon Mobil, Chevron and ConocoPhillips all dropped more than 1 percent.

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