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Tech Stocks Lead US Indexes Lower

Dow ends day down 92
By Newser Editors and Wire Services
Posted Sep 17, 2018 3:00 PM CDT
Trader Edward McCarthy, left, and specialist Anthony Matesic, right, work on the floor of the New York Stock Exchange, Friday, Sept. 14, 2018.   (AP Photo/Richard Drew)

(Newser) – Technology stocks led the way downward on Wall Street as traders braced for more tariffs to be announced on China, the AP reports. Apple lost 2.7% Monday, Netflix slumped 3.9% and Twitter gave up 4.2%. Most stocks closed lower on the New York Stock Exchange. Safe-play sectors like real estate and utilities rose. Express Scripts jumped 3.7% after regulators cleared the way for Cigna to buy it. Cigna rose 1.4%. The S&P 500 index fell 16 points, or 0.6%, to 2,888. The Dow Jones Industrial Average lost 92 points, or 0.4%, to 26,062. The Nasdaq composite slid 114 points, or 1.4%, to 7,895. (Read more stock market stories.)

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