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S&P 500 Falls 7 Points as Jobless Claims Still Near 1 Million; Congress "Miles Apart" on Stimulus; Cisco Earnings Fall

S&P 500 Falls 7 Points as Jobless Claims Still Near 1 Million; Congress "Miles Apart" on Stimulus; Cisco Earnings Fall

Unemployment claims fell below 1 million for the first time in 20 weeks, but worries that job losses are becoming permanent are weighing on investors.