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9/8, 10:00 PM (Source: TeleTrader)
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Wall Street closes lower as job openings reach record

Major stock markets in the United States closed with losses on Wednesday following the news that job openings across the country hit new series high in July as employers struggled to find the needed workforce.

The Federal Reserve published its latest Beige Book about economic developments during July and August, with Fed's John Williams renewing the possibility of tapering as soon as this year. The White House also held its daily press briefing, noting the pace of the vaccinations against the COVID-19 is accelerating. Press Secretary Jen Psaki also expressed hopes Congress will lift the debt limit before the October 1 deadline.

The Dow Jones lost 0.20% at the closing bell, as Dow Inc. fell 1.91%. The Nasdaq 100 fell 0.35%, with NetEase plunging 5.17%. The S&P 500 declined by 0.13%. PulteGroup Inc. was the worst performer, sinking by 6.05%. The euro decreased by 0.18% against the dollar to sell for 1.18192 at 3:56 pm ET.

Breaking the News / ND