Losses Are Piling Up. Tech Leads a Broad Selloff.

Losses Are Piling Up. Tech Leads a Broad Selloff.

With virtually no news on the docket and trading thin for the holiday-shortened week, technology stocks were an especially large drag. The S&P’s tech sector was down 1.8%, followed by consumer discretionary with a decline of 1.6%. The communication services sector was down 1.2%.

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