SAN FRANCISCO -- U.S. stocks shed earlier gains Thursday after a round of encouraging earnings reports couldn't sustain the rally into a second day. The Dow Jones Industrial Average fell 35 points, or 0.3%, to 11,074 after rising more than 100 points earlier and trading above its April closing high. Bank of America Corp. shares led decliners, falling 3%. The S&P 500 fell 4 points, or 0.4%, to 1,174, with all but two sectors lower. The Nasdaq Composite fell 18 points, or 0.7%, to 2,439.
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