Economic news

Review: U.S. stocks fall as oil dips, tax bill concerns rise

Wall Street dropped on Wednesday, with the Dow Jones index sliding more than 100 points as a fall in crude prices and worries over the destiny of U.S. tax cuts weighed on the investors sentiment.

The Dow Jones Industrial Average slipped 0.63 percent, to 23,261.36, the S&P 500 lost 0.71 percent, to 2,560.46 and the Nasdaq Composite fell 0.88 percent, to 6,678.70.

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