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Sharp drops in Big Tech companies pull the Nasdaq down 2.2% in early trading

Sharp drops in Big Tech companies pull the Nasdaq down 2.2% in early trading
Photo: KXAN (NBC Austin) - All Stories · view original

NEW YORK (AP) — A sell-off in big technology companies spread from Asia back to the U.S., pulling the Nasdaq composite down 2.2% in early trading. The growing likelihood of interest rate hikes coming up this year has helped deflate a massive run-up in AI-related stocks in recent days as traders w...

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