U.S. Stocks Drop Following Tech Slide

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The Nasdaq dropped more than 3% as tech shares continued to sell off. The S&P 500 slid more than 2%.

U.S. stocks fell Tuesday with last week’s slide in giant tech stocks resuming after the Labor Day holiday.

The tech-heavy Nasdaq Composite Index slumped 2.9% after a bout of volatility last week led to big drops in the index. The S&P 500 fell 1.8%. The Dow Jones Industrial Average lost 400 points, or 1.4%.

 

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