Wall St pauses from rally

US stocks pull back from recent string of record closes on European weakness, mixed corporate earnings.

United States stocks held broad losses at midday as weakness in global stocks and mixed reports from a pair of industrial companies prompted a pause in the recent rally.

The Dow Jones Industrial Average dropped 77 points, or 0.5%, to 15,391 points, with 23 of 30 components lower.

The S&P 500 index gave up 11 points, or 0.6%, to 1,744 points, with eight of 10 sectors declining.

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