Wall Street ends lower after cuts forecast
NEW YORK — U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank’s reduction of its global growth forecast.
The S&P 500’s drop of 0.4 percent was its biggest daily percentage loss since May 20. The benchmark index fell for the second day in a row, after four straight record closing highs.
The selloff was broad. Every S&P 500 sector index except energy declined for the day.
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