The Dow Jones Industrial Average turned negative for the year on Thursday, as the day’s losses accelerated in midday trading. At its low of the session, the blue-chip average fell 0.6%, or 166 points, a decline that erased the Dow’s year-to-date gains. At its peak of the year, the Dow was up 7.7%. The S&P 500 remains up 1.5% for 2018 while the Nasdaq Composite Index is up 6.1%, supported by gains in large-capitalization technology stocks. All three indexes were lower on Tuesday, erasing an earlier rise as investors continued to debate the potential impact of a trade war in the wake of President Donald Trump announcing a pair of tariffs, a strategy that has received opposition from key Republicans like House Speaker Paul Ryan. The day’s losses were widespread, with nine of the 11 primary S&P 500 sectors down on the day. Health-care stocks lost 0.5% while the utility sector fell 0.8%.
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