European Union

Stocks mostly slip, but Dow hits a new record high

Stocks mostly slip, but Dow hits a new record high

U.S. stocks mostly slipped Wednesday after their recent record-setting run. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals would win approval from regulators.

While energy stocks fell with the price of oil, most other sectors didn't make big moves. Technology companies eked out a small gain; they have risen every day this month to reach their highest mark since 2000. DuPont and Dow Chemical rose after Reuters reported that European officials could approve their merger soon. The Dow Jones industrial average notched its ninth straight gain.

After an extended streak of gains, investors didn't make many big moves. They spent most of...

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