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1. U.S. Stocks Slump After Tech Earnings Underwhelm U.S. stocks slumped after earnings from the biggest tech companies disappointed investors concerned a slowing economy will damp profit. The Nasdaq 100 led losses among major U.S. stock gauges. In Europe, equities were mixed. Tech stocks also faltered. The tech slump, coming after an unprecedented run higher […]
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1. Tech Shares Gain After Chipmaker M&A: Global Markets Update Tech shares rose after Advanced Micro Devices (AMD) announced a $35 billion takeover of another chipmaker Xilinx, helping to blunt concern about the impact of growing coronavirus infections. Losses for shares in energy and financial companies were a drag on the S&P 500 as it […]
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1. Stocks Slump on Rising Covid Cases; Dollar Gains U.S. equities slumped along with European shares on concern that rising coronavirus cases will weaken the global economy and as prospects dimmed for fiscal aid from Washington before the presidential election. Energy and materials companies were among the worst performers on the S&P 500 Index. In […]

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