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US stocks pulled back on Tuesday after Federal Reserve Chair Janet Yellen and her fellow Fed policymakers raised concerns about “substantially stretched valuations” in some sectors.
The Dow Jones industrial average rose 5.26 points or 0.03 percent, to end at 17,060.68, not far below the record closing high of 17,068.26 set on July 3.
The Nasdaq Composite dropped 24.03 points or 0.54 percent, to close at 4,416.39.
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