Wednesday, July 28, 2021
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Wall Street ends lower, pulled down by tech stocks

Wall Street stocks ended lower on Monday (May 17), weighed down by tech shares as signs of growing inflation worried investors about the potential for tighter monetary policy.

Of the 11 major S&P sectors that declined, technology and consumer were among the biggest losers.

Unofficially, the Dow Jones Industrial Average fell 56.12 points, or 0.16%, to 34,326.01, the S&P 500 lost 10.42 points, or 0.25%, to 4,163.43 and the Nasdaq Composite dropped 50.93 points, or 0.38%, to 13,379.05.

(Production: Hyeongmi Kim, Fred Katayama, Aleksandra Michalska)

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