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US stocks: Wall Street ends lower on healthcare losses, interest rate jitters
![IndiaTimes]()
Friday, 18 August 2023
Wall Street's major indices closed lower after choppy trading on Thursday as losses in healthcare stocks overshadowed gains in Chevron and Cisco. The drop was triggered by the sharp decline in CVS Health's share price following news that Blue Shield of California plans to reduce its dependence on the company. However, upbeat economic data kept alive fears of interest rates remaining higher for longer.
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Friday, 18 August 2023
