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US stocks slip in the red on Monday: Dow down 100 points, S&P drops 0.5%

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    Posted by Two Blokes May 19 - Filed in General - #TwoBlokesTrading  - 7 views
    US stocks fell sharply on Monday after Moody's downgraded the country's credit rating, triggering a surge in Treasury yields and renewed pressure on equity markets. The Dow Jones Industrial Average declined by 130 points, or 0.3%.