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US stocks slouch into year end with no sign of Santa Claus rally

US stocks slouch into year end with no sign of Santa Claus rally

The Nasdaq 100 Index slipped 0.8% and Bloomberg’s Magnificent Seven Index shed 0.7%. All S&P 500 sectors ended in the red. Yields on 10-year Treasuries climbed in the afternoon, rising 5 basis points.

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