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Tech shares lead US stocks lower

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Dow Jones Industrial Average finishes down 0.5 per cent at 35,123.75. Read more at straitstimes.com.

NEW YORK - Large tech companies led stocks lower on Wednesday as investors digested disappointing China data ahead of a key US inflation report.

China slipped into deflation for the first time in more than two years in July, official data showed, as slowing domestic spending weighs on the post-Covid economic recovery.

 

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