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Wall Street flat as losses in Facebook, chip stocks offset bank, energy gains

Updated : September 25, 2018 08:06 PM IST

Facebook fell 2.5 percent and was the biggest drag on the Nasdaq and the S&P 500, after co-founders of its photo-sharing app, Instagram, resigned with scant explanation for the move.
The energy sector jumped 0.72 percent as Brent oil prices shot to a four-year high, boosted by imminent US sanctions on Iranian crude exports and the reluctance of OPEC and Russia to raise output.
Wall Street flat as losses in Facebook, chip stocks offset bank, energy gains

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