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S&P 500 and Nasdaq Retreat from Record Highs as Stocks Close Lower

Major U.S. indexes slipped from recent record highs, ending the session in negative territory amid broad market weakness.

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Terms & Concepts
  • S&P 500: A stock market index tracking the performance of 500 large companies listed on U.S. exchanges.
  • Nasdaq Composite: A stock market index that includes over 3,000 companies, heavily weighted toward technology and growth stocks.
  • Record High: The highest price level ever reached by a security, index, or other financial instrument.