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US stocks fell on Thursday, with the S&P 500 index falling for the fifth consecutive trading day. The Dow Jones component stock Walmart plummeted sharply, putting pressure on the stock index. Investors are waiting for Powell to deliver a speech at the Federal Reserve annual meeting. Data shows that the number of initial jobless claims in the US last week exceeded expectations, and Philadelphia manufacturing output was weak. The Dow fell 0.34%, the Nasdaq fell 0.34%, and the S&P 500 index fell 0.40%.
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