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Wall Street drops on tech sell-off
The Standard & Poor's 500 Index declined by 1.43%, and the Nasdaq by 2.21%, amid a sharp sell-off of technology stocks, particularly Alphabet, which fell after concerns about the departure of AI experts. However, the market experienced a partial recovery supported by rising shares of non-chip technology companies like Microsoft and Amazon, as well as defensive stocks such as Walmart and Johnson & Johnson.
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