US stocks dip as health vote delayed

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New York - US stocks declined modestly on Thursday after Republicans postponed a vote on President Donald Trump's replacement health care plan, which has been seen as a barometer of support for the president's broader agenda.

Analysts view the health care vote as an early read on whether the new US president will succeed in pushing through his promised pro-growth policies, including tax cuts and deregulation.

International investors also are closely watching the activity. European markets closed higher, prior to the news the vote was pushed back and following Wednesday's largely upbeat US session.

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