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Stocks pare losses but still lower as bank-related fears percolate | March 24, 2023

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United state supplies pared losses in noontime trading on Friday as markets top off a rough week adhering to the Federal Reserve’s rates of interest choice on Wednesday and also more stress in the financial field.

The S&P 500 (^ GSPC), which dropped as high as 1% in very early Friday trading, one of the most in a week, recouped most losses by mid-afternoon, down simply 0.1%. The Dow Jones Industrial Average (^ DJI) shed concerning 35 factors, or 0.1%, since 12 p.m. ET, while the technology-heavy Nasdaq Composite (^ IXIC) decreased one of the most in mid-afternoon trading, dropping about 0.25%.

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