WALL ST DIPS, DOLLAR, US YIELDS RISE ON RATE OUTLOOK JITTERS

U.S. stocks edged lower while the dollar gathered strength as the World Economic Forum in Davos entered its second day amid warnings that markets might have gotten ahead of themselves with respect to the timing and extent of central bank policy cuts. The three major U.S. stock market indexes were lower after paring initial losses, while the greenback strength against a basket of world currencies waned a bit after the first hour of trading.

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