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Stocks slide as tech shares come under pressure, putting the June rally on hold Updated: 2019-06-13 05:13:58 KST

Wall Street ended down slightly for a second day on Wednesday with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices.
At closing bell, the Dow dipped 44 points or point-2 percent, the S&P 500 also closed lower by just about that much and the Nasdaq slid four-tenths of a percent.

On the Korean bourse Wednesday shares snapped a four-day rally and dipped on renewed worries after U.S. President Donald Trump added pressure against China in the ongoing U.S., China trade talks.
The benchmark KOSPI closed a little over point-1 percent lower to settle at 21-0-9 while the junior tech-heavy KOSDAQ

Oil prices dropped sharply Wednesday as data showing inventories rose last week reinforced concerns over slowing global demand.
On London's ICE Futures exchange, Brent crude was down 3.7 percent trading at 59-97 a barrel while on the New York Mercantile, the West Texas Intermediate futures fell 4-percent to 51-14 a barrel - the lowest since January this year.
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