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U.S. stocks edge lower as health care sector lags

NEW YORK
2021-11-16 05:49

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NEW YORK, Nov. 15 (Xinhua) -- U.S. stocks inched lower on Monday, weighed by weakness in the health care sector.

The Dow Jones Industrial Average lost 12.86 points, or 0.04 percent, to 36,087.45. The S&P 500 fell 0.05 points, or 0.0011 percent, to 4,682.80. The Nasdaq Composite Index was down 7.11 points, or 0.04 percent, to 15,853.85.

Four of the 11 primary S&P 500 ended in red, with health care down 0.64 percent, leading the laggards. Utilities rallied 1.31 percent, the best-performing group.

U.S.-listed Chinese companies traded mostly lower with eight of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Investors will look to this week's U.S. economic highlights, including the October retail sales report and the industrial production data slated for Tuesday.

For the week ending Oct. 12, the Dow declined 0.6 percent, the S&P 500 fell 0.3 percent, and the tech-heavy Nasdaq slid 0.7 percent.
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