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US stocks and gold sink, while meme stocks swerve, as momentum reverses on Wall Street

NEW YORK (AP) — U. S. stocks and the price of gold fell, as momentum on Wall Street reverses. The S&P 500 sank 0. 5% Wednesday, though it’s still not far below the all-time high it set earlier this month. The Dow Jones Industrial Average dropped 0. 7%, from its record set the day before, while the Nasdaq composite fell 0. 9%. Netflix helped drag the market lower after reporting a profit that fell short of forecasts. Beyond Meat added more crazy swings to its meme-stock run, and the price a...

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