TRN Business
US Stock Indices Decline as Sell-Off Extends Beyond Tech Sector
US stock indices declined as a sell-off that began in the tech sector spread to other areas of the market. On the previous day, the Dow Jones Industrial Average dropped over 1.2 percent, the S&P 500 fell by half a percent, and the Nasdaq Composite decreased by 0.2 percent. The week concluded with mixed results, as the Nasdaq lost 0.7 percent and the S&P 500 fell nearly half a percent, while the Dow gained 0.4 percent for its third consecutive weekly increase. Key sectors affected included communication services, consumer staples, consumer discretionary, financials, and healthcare.
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