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U.S. stocks drop on Turkey concerns

13 August 2018

S&P technology sector's 0.5 percent fall was led by chipmakers.

A sharp rally in tech and consumer discretionary stocks has already helped the Nasdaq recover much faster than the broader markets from a sell-off in February, hitting a record high late last month.

Trade tensions have simmered throughout the strong earnings season, however.

The Dow Jones Industrial Average closed at 25,313.14 on Friday with a loss of -196.09 points or -0.77%.

The S&P 500 is up 159.67 points, or 6 percent.

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According to the report , occasionally live chickens are tested to determine if West Nile is present in a particular area. WNV, a mosquito-borne illness, can become serious, and DPH reminds people to take precautions to avoid mosquito bites.

The Dow is up 46.65 points, or 0.2 percent.

About 5.9 billion shares changed hands on U.S. exchanges.

S&P 500 e-minis (ESc1) were up 1.25 points, or 0.04 percent and Nasdaq 100 e-minis (NQc1) were up 3.25 points, or 0.04 percent.

The energy sector was the biggest loser, dragged down by Occidental Petroleum, the largest Permian producer, which boosted its capital expenditure.

Sinclair dropped 2.9 percent after Tribune Media dropped its $3.9 billion deal to be acquired by Sinclair and filed a lawsuit against the company for breach of contract.

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BST) in Lafayette Square , across the street from the White House . "And, to me, that's where change has to happen", she said. The " Unite the Right 2 " event was set to take place at 5:30 p.m. (10.30 p.m.

Seven of the 11 main S&P sectors were higher. In corporate news, shares of Dropbox Inc. were lower after a second-quarter earnings report, which also included news that Chief Operating Officer Dennis Woodside was stepping down and a post-IPO lockup on shares would expire earlier than previously planned.

Shares in trade-sensitive companies fell.

Bookings Holdings fell 5.9 percent and weighed the most on the S&P and the Nasdaq after it forecast third-quarter profit below expectations.

Chip stocks fell after Morgan Stanley downgraded the US semiconductor industry.

The S&P gains came as the latest data pointed to strength in the labor market, underscoring the health of the US economy despite ongoing trade tensions. Micron, Applied Materials and ON Semiconductor fell.

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The Nasdaq is up 79.77 points, or 1 percent. The Nasdaq Composite rose 0.2 percent as Amazon shares hit an all-time high while Apple rose almost 1 percent.

U.S. stocks drop on Turkey concerns