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VOL. 45 | NO. 20 | Friday, May 14, 2021

US stocks fall further from records amid inflation fears

The Associated Press

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U.S. stocks closed modestly lower Monday, tacking more losses onto last week's stumble, as worries about inflation continue to dog Wall Street.

The S&P 500 lost 0.3% following its 1.4% drop last week from its record high.

Big Tech stocks weighed most heavily on the market. The sector has been responsible for big swings in either direction over the last few weeks as investors weigh the impact of rising inflation and a broad economic recovery. Energy and materials companies did better than the rest of the market and helped to limit the losses.

Small-company stocks closed higher.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0