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Slumping technology stocks pull Wall Street lower

1 month ago   |   By Boston Herald

By DAMIAN J. TROISE and ALEX VEIGA
NEW YORK - Stocks on Wall Street gave up more ground Tuesday amid mounting worries that persistently high inflation will dim corporate profits.
The S&P 500 fell 0.8%, while the Nasdaq dropped 2.3%. The Dow Jones Industrial Average eked out a 0.2% gain, thank's primarily to big gains for McDonald's and UnitedHealth.
Big technology and communications companies helped weigh down the broader market, though some of the selling eased by late afternoon.
A stark profit warning from Snapchat's parent company spooked investors into dumping the stocks of major...
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