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Markets Right Now: Facebook leads tech companies lower

March 19, 2018

Via: ABC News

The latest on developments in financial markets (all times local):

9:58 a.m.

A sharp loss for Facebook is helping to pull technology companies lower as stock indexes decline in early trading.

Facebook slumped 5.3 percent early Monday. The company is facing new criticism following reports that a data mining firm employed by the Trump campaign improperly kept data on tens of millions of users.

Other tech companies also fell. Chipmaker Nvidia lost 1.1 percent.

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