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| August 18, 2017

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Amazon-Whole Foods deal hammers grocery stocks; Dow ticks up to new high -

Amazon-Whole Foods deal hammers grocery stocks; Dow ticks up to new high

Amazon’s deal to buy Whole Foods Market sent grocery stores, big retailers, and food makers and distributors plunging Friday. Energy companies rose. Other stocks were little changed.

It’s rare for a single deal to have a big effect on the broader stock market, but the Amazon-Whole Foods deal did….


L.A. Times – Business

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