Markets today: ‘Magnificent 7’ hit stocks in final stretch of May

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A rout in the world’s largest technology companies dragged down stocks, with the market trimming a monthly rally that was fueled by hopes that an inflation cooldown would lead to Federal Reserve rate cuts.

Markets today: ‘Magnificent 7’ hit stocks in final stretch of MayTexas Utility Stock Powers Past Nvidia in 300% AI-Fueled RallyCopper Leader Chile Posts Worst Monthly Output in Over a YearBank of America Eases Pledge to Stop Lending to Some GunmakersWall Street Trade Failures Tick Higher as Next T+1 Test ArrivesAdani Enters Africa With Acquisition of Tanzania Container FirmANC Support Slips Again With 76% of South Africa Voting Districts inMortgage lending among top risks facing financial...

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