Wall Street slips with mixed data and earnings ahead of Fed week

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The housing market data was hotter than expected, while an S&P Global survey showed business activity slowing to a nine-month low in January as prices rose. However, firms reported increased hiring, supporting the Federal Reserve’s cautious approach to monetary policy this year.

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Indian benchmark indices declined for the second consecutive session, with the Sensex shedding nearly 600 points amid rising geopolitical tensions. Stocks like SBI Life and

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