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US stocks drop on Russia sanctions, Fed speculation

2014-09-13 14:36:03| Oil & Gas - Topix.net

US stocks dropped Friday as the West slapped new sanctions on Russia and traders saw a higher chance the Federal Reserve next week will accelerate its timeline to raise interest rates. The broad-based S&P 500 fell 11.91 to 1,985.54, while the tech-rich Nasdaq Composite Index lost 24.21 at 4,567.60.

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