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Stocks Trade Just Lower Into Close as Oil Declines, Verizon Weighs on Telecoms

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U.S. stocks, which moved between gains and losses during Thursday's session, were poised to end on a marginally weak note as oil declined and telecommunications issues were weighed down by quarterly earnings from Verizon ( VZ ). Telecoms led eight of the 11 sectors on the S&P 500 lower, retreating 1.9% late in the day.

Energy stocks fell 0.4% as U.S. crude futures dropped 2.3% amid a stronger dollar, which weighs on commodities priced in that currency. Health care was up 0.5% in the best performance among the S&P's sectors. On the Dow, 17 of the 30 components were falling, led by The Travelers Companies ( TRV ). American Express ( AXP ) was the top gainer.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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