How major US stock indexes fared Wednesday
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The Associated Press
Stocks are closing lower on Wall Street Wednesday following a Federal Reserve report that shows U.S. economic activity slowed this summer amid rising worries over resurgent coronavirus cases and mounting supply chain problems and labor shortages. The S&P 500 index, the Dow Jones Industrial Average and the Nasdaq composite all fell. Technology stocks had some of the biggest losses. Less risky investments, including consumer staples and utilities, made broad gains.