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Global Stocks Slip as Major Earnings Reports Roll In

Global stocks fell Thursday as a slew of companies kicked off a busy day of earnings reports and U.S. economic data provided fresh insight into the damage wrought by the coronavirus pandemic.

The S&P 500 traded down 0.9% in the first minutes of U.S. trading, while the Dow Jones Industrial Average fell 1.1% and the Nasdaq Composite Index retreated 0.9%. The pan-continental Stoxx Europe 600 slipped 2.2%. Most major Asian stock benchmarks dropped by the close of trading.

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