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Kiplinger
Kiplinger
Business
Karee Venema

DARK SECRETS: Stock market today dow drops 404 points ahead of powell s testimony - The Real Truth

Red stock chart with large red arrow going lower.

Stocks opened in negative territory Tuesday and stayed there through the close. Another down day for mega-cap tech giant Apple (AAPL) created headwinds for the main indexes, as did anxiety ahead of Federal Reserve Chair Jerome Powell's two-day congressional testimony and Friday's jobs report.  

At the close, the Dow Jones Industrial Average was down 1% at 38,585, the S&P 500 was 1% lower at 5,078, and the Nasdaq Composite was off 1.7% at 15,939.

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