Wall Street retreats after 7 up sessions; miners lead decline


NEW YORK: U.S. stocks slipped on Thursday, ending seven straight days of gains by the S&P 500 index as a drop in precious metal prices dragged mining shares lower.

Spot gold fell 2.6 percent to $1,331 an ounce as tensions with Syria eased and on worries the Federal Reserve will begin to scale back its monetary stimulus when it meets on Tuesday and Wednesday. Spot silver fell 5 percent to $21.99 an ounce.

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