Wall St. falls before earnings and on U.S. policy uncertainty

Traders work on the floor of the New York Stock Exchange in New YorkBy Sinead Carew NEW YORK (Reuters) – The three major U.S. stock indexes closed lower on Thursday as investors waited for fourth-quarter corporate earnings and details of U.S. President-elect Donald Trump's economic policy eight days ahead of his inauguration. While stocks pared losses as the session wore on, all but four of the S&P 500's 11 sectors ended lower, with financials leading the decline a day ahead of the first major earnings reports in that sector. The S&P had risen 6.4 percent since the Nov. 8 election.

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