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Markets

U.S. Stocks Decline Before Tomorrow’s Stimulus Decision

Lu Wang and Whitney Kisling

U.S. stocks fell, following yesterday’s rally for the Standard & Poor’s 500 Index, before Federal Reserve policy makers announce plans for their monthly bond-buying program tomorrow.

Tenet Healthcare Corp. fell 1.9 percent to pace declines among hospital stocks as Citigroup Inc. said the industry’s November admissions were the “weakest” ever. 3M Co. advanced 2.9 percent after the company projected a 2014 profit in a range whose top end exceeded analysts’ estimates. Boeing Co. climbed 0.9 percent after authorizing the largest share buyback in its history and boosting its dividend.