Dow Posts 8-Day Slide, Longest Since 2011 - NBC Southern California
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Dow Posts 8-Day Slide, Longest Since 2011

The Nasdaq composite closed 0.2 percent higher after briefly falling 1 percent

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    NEWSLETTERS

    Following the withdrawal of a Republican-backed health care bill, President Donald Trump on Friday urged Republican and Democratic lawmakers to work together on "a better bill." (Published Friday, March 24, 2017)

    U.S. stocks closed mostly lower on Monday as investors reassessed the prospects of key White House proposals, including tax reform, coming to fruition, CNBC reported.

    "When you look at some of the areas that have helped the market, they are waning a bit here," said Daniel Deming, managing director at KKM Financial. "I think you're also seeing some valuation concerns as well.

    The Nasdaq composite closed 0.2 percent higher after briefly falling 1 percent.

    The Dow Jones industrial average ended about 45 points lower — after falling nearly 200 points earlier, with Goldman Sachs contributing the most losses.

    Steve Bannon Out as White House Chief Strategist

    [NATL] Steve Bannon Out as White House Chief Strategist

    Steve Bannon has departed the White House, where he was President Donald Trump’s chief strategist. His tenure lasted seven months. White House chief of staff John Kelly and Bannon mutually agreed that Friday would be Bannon’s last day, according to a statement from the press secretary that said they were “grateful for his service.”

    (Published Friday, Aug. 18, 2017)