US blue chips fall on rate fears, semis aid Nasdaq

Newswire

(Updates to close) By Ellis Mnyandu NEW YORK, Nov 30 (Reuters) - U.S. blue-chip stocks fell on Wednesday after strong economic data triggered a sell-off in financial stocks, including Citigroup , and raised fears the Federal Reserve would keep raising interest rates. But even with three days of losses, the major U.S. indexes ended November with the best monthly gains in four months. Also weighing on blue-chips on Wednesday was a slide in shares of automakers' like General Motors ...

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