Wall Street capped a choppy day of trading Friday with another pullback for stocks and the S&P 500’s first weekly loss in three weeks. The benchmark index fell 0.8 percent, its fifth straight decline, and ended 1.7 percent lower for the holiday-shortened week. That’s it’s biggest weekly drop since June. The other major U.S. stock indexes also posted weekly losses. The selling was widespread, though technology, health care, and communications stocks weighed most heavily on the S&P 500. Smaller company stocks also fell broadly. Treasury yields mostly rose. The price of U.S. crude oil rose 2.3 percent. Stocks have traded in a narrow range for several weeks as most investors are sitting on the sidelines waiting to get a fuller understanding of where the economy is headed and how the pandemic is impacting corporations. “There isn’t any new good news coming, and that’s important because we’ve gotten a decent amount …
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