Tech shares lead S&P and Nasdaq lower as stocks try to bounce back from last week's sell-off [CNBC]
Apple Inc. (AAPL)
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Source: CNBC
show chapters A decline in tech shares pushed the S&P 500 and Nasdaq Composite lower on Monday as Wall Street tried to regain its footing after last week's sharp losses. The S&P 500 slipped 0.1 percent as the tech sector fell more than 1 percent. The tech-heavy Nasdaq dipped 0.4 percent. Apple and Netflix pulled back more than 0.5 percent each. Netflix fell after Raymond James slashed its price target on the video-streaming giant. Apple dropped after Goldman Sachs said the tech giant's earnings could fall short this year as demand in China slows . Amazon, Microsoft and Alphabet also traded lower. Chipmarkers also fell. The VanEck Vectors Semiconductor ETF (SMH) declined 0.6 percent, led by a 3.5 percent decline in Nvidia. The Dow Jones Industrial Average , meanwhile, rose 39 points but traded in a wide range. The 30-stock index rose as much as 142.43 points but fell as much as 89.26 points. The major indexes registered their wo
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