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Megacap tech stocks led the drop, with Apple shares down more than 3% for their worst daily drop since August. Tesla similarly fell 3%, while Nvidia dropped almost 2% and Alphabet lost more than 1%.
The tech sector dragged US stocks lower on Monday, with major indexes down about 1%. The extended decline in the Nasdaq 100 and S&P 500 can be linked to rising bond yields over the past few weeks.
Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks » Down 35%, this AI stock is a great long-term play. Keith Noonan ...
Indexes closed lower in the first trading day of the year on Thursday. The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more ...
Stock market today: US stocks pull back from record levels as traders ready for big week of earnings. ... S&P 500: 5,853.98, down 0.18% . Dow Jones Industrial Average: 42,931.60, down 0.80% ...
Stock market today: Dow breaks 10-day losing streak but stocks struggle to claw back losses after Fed sell-off. ... Nasdaq composite: 19,372.77, down 0.10%. Bonds sank again. The 10-year Treasury ...