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Stocks pull back as Dow hovers near 11,000

Stocks pull back as Dow hovers near 11,000

U.S. stocks are falling in early trading after a steady climb had pushed the Dow Jones industrial average near 11,000 for the first time in 18 months.
There are few catalysts on the calendar likely to sway trading in the coming days. The Federal Reserve plans to release the minutes from its March 16 meeting Tuesday afternoon. The Fed kept its key rate at a historic low during the meeting to continue its easy money policy to help generate growth.
The small pullback in futures comes a day after the Dow came within 12 points of hitting 11,000.
The Dow is down 26.23, or 0.2 percent, at 10,947.32. The Standard & Poor's 500 index is down 3.00, or 0.3 percent, at 1,184.44, while the Nasdaq composite index is down 9.33, or 0.4 percent, at 2,420.20.


Updated : 2021-03-01 18:52 GMT+08:00