By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Stocks are pulling lower on Friday after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. The S&P 500 was down 0.5% in afternoon trading, with stocks of companies that most need a healthier economy taking the sharpest losses. The Dow Jones Industrial Average was down 99 points, or 0.3%, at 30,892, as of 2:30 p.m. Eastern time, and the Nasdaq composite was 0.5% lower. Treasury yields also dipped as reports showed shoppers held back on […]
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