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Stocks extend losses to a fourth day, oil price gains
Stocks extend losses to a fourth day, oil price gains

A see-saw day for U.S. stocks ended with slight losses on Thursday, giving the market its fourth drop in a row. Edgy investors continue to monitor violence in the Middle East and the rapid ascent of the U.S. dollar, which is causing companies to pull back their profit forecasts for the year. After hitting record highs earlier this month, stocks have been steadily declining this week. Strategists and traders said the strong dollar, geopolitical tensions and a market that is already expensive have given investors little impetus to buy in recent days. “We have been due for a pullback,” said Brad Sorensen of the Schwab Center for Financial Research. “The markets have been...

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