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Stocks slide as strong data suggests Fed has more to do

Summary by Ground News
The S&P 500 fell 1.8%, its third straight drop. The slide more than offset the index's gains last week. The Dow Jones Industrial Average dropped 1.4% and the tech-heavy Nasdaq composite slid 1.9%. Small-company stocks fell even more, sending the Russell 2000 index 2.8% lower.

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Star Advertiser broke the news in Honolulu, United States on Monday, December 5, 2022.
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