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The S&P 500 index fell 0.8% on Tuesday, driven by a sell-off in the tech sector, particularly in memory chip stocks. The Nasdaq Composite also declined, while some defensive stocks managed to gain. Global markets, including European and Asian indices, experienced losses amid ongoing tensions between the U.S. and Iran.
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The S&P 500 index fell 0.8% on Tuesday, driven by a sell-off in the tech sector, particularly in memory chip stocks. The Nasdaq Composite also declined, while some defensive stocks managed to gain. Global markets, including European and Asian indices, experienced losses amid ongoing tensions between the U.S. and Iran.
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TECH BLOODBATHSELLOFF GRIPS STOCKS
S&P 500 Declines Amid Tech Sector Sell-Off