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Wall Street slumps as bank and tech stocks fall

NEW YORK (AP) — U. S. stock indexes are falling on Wednesday following mixed profit reports from several big banks. The S&P 500 sank 1% and was on track for a second straight loss after setting its all-time high. The Dow Jones Industrial Average was down 248 points, or 0. 5%, as of 11 a. m. Eastern time, and the Nasdaq composite was 1. 5% lower. Wells Fargo helped pull the market lower after falling 4. 5%. The San Francisco-based bank reported weaker profit and revenue for the latest quarter...

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