U.S. Stock Market Wrap

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Aug. 16 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks fell, following the biggest three-day rally since 2009, as German and French leaders proposed a financial-transaction tax and rejected selling euro bonds to halt a debt crisis threatening economic growth. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)

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