According to AP, City, Sha'ban 28, 1435,
The Standard & Poor's 500 index fell 14 points, or 0.8 percent, to 1,945 and the Nasdaq composite fell 30 points, or 0.7 percent, to 4,349.
The drop was slight but wide. All 10 sectors of the S&P 500 were lower, led by bank stocks.
The government said that the number of Americans seeking unemployment benefits declined last week, the latest evidence that an economic slowdown earlier this year hasn't caused employers to shed workers.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.53 percent.
18:38 LOCAL TIME
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