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Stocks fall as bond yields continue to drop, reflecting worries about growth.



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Daily Business BriefingJuly 8, 2021Updated July 8, 2021, 12:52 p.m. ETJuly 8, 2021, 12:52 p.m. ETStocks fell on Thursday and bond yields dropped as anxiety over the bumpy economic recovery roiled financial markets.The S&P 500 slid as much 1.6 percent before recovering some ground. By midday, the index was down about 0.8 percent, a more modest drop but one that stood out in comparison to the relatively calm tone in financial markets until now.Before Thursday, stocks had fallen only twice in the 13 previous trading days, with the S&P 500 in record territory. Even a modest 0.8 percent decline would be Wall Street’s worst day since …

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