U.S. stocks fell on Thursday but pared back sharp losses late in the session on talk of progress by European leaders in easing the region’s debt crisis.
The Dow Jones industrial average dropped 24.75 points, or 0.20 percent, to 12,602.26. The Standard & Poor’s 500 Index shed 2.81 points, or 0.21 percent, to 1,329.04. The Nasdaq Composite Index lost 25.83 points, or 0.90 percent, to 2,849.49.
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