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Stocks slip after historic oil deal

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The COVID-19 pandemic has sparked widespread unemployment, but these companies are still hiring. NEW YORK - U.S.

equity markets opened with modest losses as investors digested the historic oil deal between OPEC and other oil-producing nations and looked ahead to first-quarter earnings season.

The Dow Jones Industrial Average fell 237 points, or 1 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite were lower by 0.8 percent and 0.33 percent, respectively.

The early selling comes after the benchmark S&P 500 gained 12 percent last week, making for its biggest weekly advance since 1974. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates A consortium of 23 of the world’s largest oil

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