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Stocks head lower on Wall Street a day after tech sell-off

September 4, 2020

Via: ABC News

NEW YORK — Stocks are falling again on Wall Street in early trading Friday, adding to the market’s losses after its biggest sell-off since June.

The S&P 500 was down 1.2% after initially climbing 0.7% shortly after trading opened. Another slide in technology stocks, which led the selling a day earlier, outweighed gains in financial, industrial companies and elsewhere in the market. Declines in communications stocks and companies that rely on consumer spending also weighed on the market. The benchmark index remains on track for its first weekly loss after five weeks of gains.

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