Stocks Fall as Oil Rises, Shutdown Looms; NextEra, CVS Drop on Guidance Cut, Strike
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U.S. stocks fell midday as oil prices rose and government shutdown loomed. Dow, S&P 500, Nasdaq down.
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NextEra shares plunged as subsidiary NextEra Energy Partners cut distribution outlook, citing high rates.
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CVS stock dropped as pharmacists in Kansas City resumed walkouts over working conditions.
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Paramount shares advanced with other streamers as writers strike ended after deal reached.
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Nucor, steel stocks rose as Cleveland-Cliffs raised prices immediately.