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US equities fell broadly for a second day in a row Wednesday, with the S&P 500 Index and the Nasdaq Composite sinking to the lowest closes in over a week, as rising oil prices and unexpectedly strong data on services sector activity stirred inflation and interest rate concerns. European shares also ended lower, extending losses for a sixth consecutive session, with the Euro Stoxx 50 Index down 0.7% primarily due to declines in household goods and banks following weak data in the region.
Summary for 07.09.2023
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