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Wall Street fell modestly on Monday following healthcare stocks, but European shares and the euro advanced on optimism over talks between Greece and its lenders after Greece reshuffled its negotiating team. The S&P Healthcare index was last down 1.28 percent, with a 3-percent drop in Amgen contributing to the S&P 500's retreat from an intraday record peak and dragging on the Nasdaq. MSCI's all-country world stock index pared gains after touching an intraday record high earlier in the session. European shares closed up about 1 percent after Greek Prime Minister Alexis Tsipras reshuffled his team handling the talks with European and IMF lenders.
Family and friends gathered Monday for the funeral of Freddie Gray, a 25-year-old black man whose death in custody triggered a fresh wave of protests over US police tactics. Thousands of people arrived at the New Shiloh Baptist church to pay final respects to Gray, who died on April 19 of severe spinal injuries, a week after his arrest in Baltimore.