[Breaking] New York Stock Market Closes Lower Amid US Bank Credit Downgrade... Nasdaq Down 0.79%

The three major indices of the U.S. New York Stock Exchange all closed lower on the 8th (local time) as bank stocks weakened following a wave of credit rating downgrades for U.S. banks.

On that day, the Dow Jones Industrial Average closed down 0.45% compared to the previous session. The large-cap-focused S&P 500 index fell 0.42%, and the tech-heavy Nasdaq index closed down 0.79%.

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