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May 17, 2021, 9:40 a.m. EDT

U.S. stocks open modestly lower after worst week in 3 months

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By William Watts

Stocks opened modestly lower Monday, under renewed pressure after major benchmarks saw their biggest weekly declines since February --- a selloff blamed on worries over rising inflation pressures. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.58% was down 9 points, or less than 0.1%, at 34,373, while the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.31% fell 0.3% to 4,162.33. The Nasdaq Composite /zigman2/quotes/210598365/realtime COMP -0.92% shed 0.7% to trade at 13,328.45. Shares of Discovery Inc. /zigman2/quotes/200511275/composite DISCA -1.12% rose more than 10%, while AT&T Inc. /zigman2/quotes/203165245/composite T -0.31% shares rose 4.7% after the companies announced a $43 billion deal to combine WarnerMedia with Discovery.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
33,290.08
-533.37 -1.58%
Volume: 569.38M
June 18, 2021 5:09p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,166.45
-55.41 -1.31%
Volume: 3.62B
June 18, 2021 5:09p
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/zigman2/quotes/210598365/realtime
US : Nasdaq
14,030.38
-130.97 -0.92%
Volume: 5.62M
June 18, 2021 5:16p
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/zigman2/quotes/200511275/composite
US : U.S.: Nasdaq
$ 29.08
-0.33 -1.12%
Volume: 10.22M
June 18, 2021 4:00p
P/E Ratio
19.92
Dividend Yield
N/A
Market Cap
$15.04 billion
Rev. per Employee
$1.09M
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/zigman2/quotes/203165245/composite
US : U.S.: NYSE
$ 28.65
-0.09 -0.31%
Volume: 65.63M
June 18, 2021 4:04p
P/E Ratio
N/A
Dividend Yield
7.26%
Market Cap
$207.49 billion
Rev. per Employee
$746,783
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