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Wall St steadies after heavy losses; Nike weighs on Dow

Published 03/22/2017, 11:39 AM
Updated 03/22/2017, 11:39 AM

Investing.com - U.S. stocks steadied Wednesday after heavy losses overnight.
The DJI was off 0.25% at 11:15 ET. The S&P 500 shed 0.04%.
The tech-heavy Nasdaq composite gained 0.13% after shedding 1.83% on Tuesday.
Doubts emerging about the Trump administration's ability to deliver on pro-growth plans.
Trump is trying to muster Republican support to approve bill replacing Obamacare.
The healthcare reform is a prior step to overhauling the tax system.
WTI was off over 1% as the EIA reported a rise of 4.954 mn barrels in U.S. crude stocks.
Thedollar index steadier at lower levels as investors revisited the pace of U.S. rate hikes this year.
Fed Chair Janet Yellen is due to speak on Thursday.
Banks lower as U.S. Treasury yields fell. The 10-year dipped below the 2.4% mark.
(NYSE:Nike) fell 5.84% to $54.62 as fourth-quarter sales trailed estimates.

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