PROFIT-takers yesterday sent US stocks lower for a third straight day on Wall Street, but the damage remained modest. Technology shares bucked the trend again after an upbeat update from Intel.
The Dow Jones industrial average finished 40.16 points lower at 8,823.82.
While the Dow has now fallen each day this week, the losing streak has barely put a dent in the blue-chip barometer's rebound.
The Standard and Poor's 500 fell 7.29 to 1,120.97, and the technology-heavy Nasdaq composite index fell 3.47 to 1,862.15 despite a 6 per cent gain by Intel.
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Declining issues outnumbered advancers by a 3-to-2 margin on the New York Stock Exchange, with 1,210 up, 1,795 down and 507 unchanged. The Russell 2000 index of smaller companies fell 3.39 to 393.47.
