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All three major US indices finished below the flatline on Tuesday, following a big rally last week that saw both the S&P 500 and the Nasdaq Composite having their best weekly performances since March. The Dow Jones fell more than 240 points, the S&P 500 lost 0.4% and the Nasdaq dipped by 0.1% as investors await comments from several Fed officials this week. Meanwhile, housing starts and building permits topped forecasts, with the former unexpectedly surging the most since 2016 last month. In Europe, the Euro Stoxx 50 Index fell for a second consecutive session on Tuesday, down 0.4%.
Summary for 21.16.2023
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