Dow stages 359-point swing and Nasdaq skids to 0.1% loss after Thursday’s 1.3% gain in early action

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U.S. stocks were reversing solid opening gains on Thursday, with energy shares and utilities leading the way lower for the market. The Dow Jones Industrial Average was down 76 points, or 0.3%, at last check, but had been up by as many as 234 points, only to swing to a low of around 125 points, as declines in Amgen , Johnson & Johnson and Caterpillar weighed on the blue-chip benchmark. Meanwhile, the S&P 500 index was down 0.1% at 3,396, well off its intraday high at 3,425, while the Nasdaq Composite Index slipped into negative territory after trading up around 1.3% higher near its Thursday peak. The technology-heavy index was up 0.3% at 11,171, at last check.
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