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May 11, 2021

Nasdaq drops 350 points

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

A sell-off in technology companies dragged stocks lower on Wall Street Monday, pulling the major indexes back from their recent all-time highs.

The S&P 500 fell 1% after wobbling between small gains and losses the first half of the day. The decline broke a three-day winning streak for the benchmark index, which set a record high on Friday.


 
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