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U.S. stocks retreat ahead of Yellen speech

Xinhua, August 25, 2016 Adjust font size:

U.S. stocks closed lower on Wednesday, as investors became cautious ahead of a key speech from U.S. Federal Reserve's Chair Janet Yellen.

The Dow Jones Industrial Average shed 65.82 points, or 0.35 percent, to 18,481.48. The S&P 500 was down 11.46 points, or 0.52 percent, to 2,175.44. The Nasdaq Composite Index lost 42.38 points, or 0.81 percent, to 5,217.69. Enditem