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US Stock Indexes Pull Back from Record Highs; Oil Falls

Banks and other financial companies led a slide in U.S. stocks Thursday, erasing some of the gains from a day earlier, when indexes soared to their latest record highs. Material's and industrial's companies also fell, along with energy stocks and the price of crude oil. Utilities and phone company stocks offset the broader slide. Small-company stocks fell more than the rest of the market
Investors are worried the economy might not be strong enough for a possible interest rate hike as early as this month.

Source: LA TimesAP

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