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Business

Stocks struggle to a mixed finish; banks post largest losses

Trader Patrick McKeon works on the floor of

Trader Patrick McKeon works on the floor of the NYSE on July 6, 2017.  Credit: AP / Richard Drew

Stocks struggled to a mixed finish on Wall Street as gains in energy and technology companies were canceled out by losses in other sectors.

Banks posted the largest losses Tuesday. Wells Fargo fell 1 percent and Bank of America gave back 1.2 percent.

Energy stocks rose as oil prices rebounded. Devon Energy climbed 2.7 percent.

Rent-a-Center soared 7.9 percent after rejecting a takeover offer.

The Standard & Poor’s 500 index fell 1 point, or 0.1 percent, to 2,425. The Dow Jones industrial average was little changed at 21,409. The Nasdaq composite rose 16 points, or 0.3 percent, to 6,193.

Nine of the 11 industry groups in the S&P 500 declined.

Bond prices rose. The yield on the 10-year Treasury fell to 2.36 percent.

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