WASHINGTON: U.S. stocks retreated on Thursday after a solid opening, while the dollar gained as investors prepared for future rate hikes from the Federal Reserve.
All three major U.S. stock indexes ended lower, having been whipsawed by uncertainty in recent days, marked by wide fluctuations and heightened volatility. The Dow Jones Industrial Average 0.02%, the S&P 500 lost 0.54% and the Nasdaq Composite fell 1.4%.
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