S&P 500 Ends Lower For 7th Day, Longest Losing Streak In 5 Years

The S&P 500 and Nasdaq Composite Index fell for a 7th straight day on Wednesday as polls showed Democratic nominee Hillary Clinton's lead over Republican rival Donald Trump narrowed, and the Federal Reserve left interest rates on hold. For the S&P 500 , it was the longest streak of declines since Nov. 25, 2011. The benchmark index fell 13.73 points, or 0.7%, to 2,097, with utilities shares registering the largest drop. The Nasdaq shed 48.01 points, or 0.9%, to 5,105.57, locking in its longest losing streak since April. Meanwhile, the Dow Jones Industrial Average slipped 77.32 points, or 0.4%, to 17,959.78, as Verizon Communications Inc. and Caterpillar Inc. led the blue-chip gauge lower.

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