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Dow, S&P 500 and Nasdaq Decline as Walmart, Cisco Finish Lower

Joseph Woelfel

Laggards on the Dow included Walmart Inc. Stocks fell on Thursday, May 17, amid a sustained rise in crude oil prices, and as Cisco Systems Inc. Investors were also focused on Thursday's trade summit in Washington, led by China Vice Premier Liu He and U.S. Treasury Secretary Steve Mnuchin, with the two sides aiming to come to an agreement that would prevent the imposition of U.S. tariffs on around $150 billion in China-made goods.