Stocks slipped off record highs as the 2020 presidential electio n cycle kicked into high gear am id a lingering downturn caused b

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StocksÂ slipped off record highs as the 2020 presidential election cycle kicked into high gear amid a lingering downturn caused by the coronavirus pandemic.

StocksÂ slipped off record highs Friday as the 2020 election cycle kicked into high gear with former Vice President Joe Biden officially accepting the Democratic nomination to run against President Trump. The Dow Jones Industrial Average fell 32 points, or 0.12%, in the opening minutes of trading while the S&P 500 dropped 0.06%. The Nasdaq Composite, which closed the prior session in record territory, was up by 0.01%. Biden, in a speech on Thursday evening, laid out his vision for America, slamming Trump for his handling of COVID-19 and promising to bring light to a âseason of darkness.â

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