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U.S. stocks trade mostly lower after crude oil surges

After trading resumed post–Labor Day weekend, U.S. major averages moved lower. The Dow fell 628.18 points to 52,786.07, with the S&P and Nasdaq also slipping.

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WASHINGTON (dpa-AFX) - With trading resuming after the long Labor Day weekend, stocks traded mostly lower on Tuesday. The major averages were all in negative territory, with the Dow posting the sharpest drop. 07.