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Thursday December 8th, 2016 2:54AM

Stocks fall for a second day; Dow down 117

By The Associated Press
NEW YORK (AP) -- U.S. stocks are closing lower for a second day in a row as investors position themselves for corporate earnings reports.<br /> <br /> The Dow Jones industrial average fell 117 points, or 0.7 percent, to close at 16,906 Tuesday. The Standard & Poor's 500 index lost 13 points, or 0.7 percent, to 1,963.<br /> <br /> The Nasdaq fell 60 points, or 1.4 percent, to 4,391.<br /> <br /> Technology and small-company stocks fell more than the rest of the market. Utilities were the only sector to rise as investors sought out low-risk stocks that pay high dividends.<br /> <br /> AbbVie fell 3 percent after the company raised its offer to buy a rival drugmaker, Shire.<br /> <br /> Major U.S. companies start to report their earnings this week.<br /> <br /> Bond prices rose. The yield on the 10-year Treasury note fell to 2.56 percent.
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