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On Tuesday, US equities experienced a slight decline, with the S&P 500 slipping 0.2% and the Dow Jones losing 62.75 points. The subdued market environment was attributed to a light news day and a holiday-shortened week, following Monday’s robust gains. Weaker-than-expected quarterly results from major retailers, such as Kohl’s and Lowe’s, raised concerns about consumer spending, contributing to a pullback in the S&P 500 and Nasdaq Composite, which both dropped for the first time in six days. European equity markets also showed limited movement, staying close to recent highs.
Summary for 22.11.2023
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