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Stocks close lower as Clinton and Trump get closer in the polls

Stocks close lower as Clinton and Trump get closer in the polls

Stocks retreated for a seventh consecutive day Wednesday, the market's longest decline in five years, as investor worries about the U.S. presidential election continued to weigh on the market.

A steep decline in oil prices also shook investor confidence.

The Dow Jones industrial average fell 77.46 points, or 0.4%, to 17,959.64. The Standard & Poor's 500 index slid 13.78 points, or 0.7%, to 2,097.94 and the Nasdaq composite dropped 48.01 points, or 0.9%, to 5,105.57.

The last time the S&P 500 fell for seven straight days was November 2011, during a flare-up of the European sovereign debt crisis.

Like most of the public, investors have their eyes glued to the...

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