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Stocks open mostly lower; Fed meeting begins

By The Associated Press
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Stocks open mostly lower; Fed meeting begins

Stocks are opening mostly lower as Federal Reserve policymakers begin a two-day meeting.

Homebuilders fell after the U.S. government reported that the pace of U.S. home construction fell 6.5 percent in May from the previous month. D.R. Horton fell 2 percent.

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