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Tech Selloff Intensifies, Pulling Down Nasdaq – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Tech Selloff Intensifies, Pulling Down Nasdaq

Tech Selloff Intensifies, Pulling Down Nasdaq

A pullback in megacap technology stocks deepened Thursday, dragging the Nasdaq Composite into its worst two-day decline of the year.

The tech-heavy index dropped 1.8%, while the S&P 500 shed 1.2%. The Dow Jones Industrial Average declined around 250 points, or 0.8%.

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