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US stocks closed lower on Tuesday as results from IBM and United Technologies dampened early optimism over earnings season and after-the-bell declines in major tech shares suggested losses would continue on Wednesday.
The Dow Jones industrial average fell 181.12 points, or 1 percent, to 17,919.29, the S&P 500 lost 9.07 points, or 0.43 percent, to 2,119.21 and the Nasdaq Composite dropped 10.74 points, or 0.21 percent, to 5,208.12.
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