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3 Reasons Why Stocks Slumped on Monday

May 15, 2023
in Trade Tube
Reading Time: 1 min read
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Technology stocks were slammed Monday following worries over Facebook’s FB data security.

Facebook shares ended Monday’s session down 6.7%. Since 26% of the S&P 500 accounts for technology stocks, the broad index declined 1.4%.

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The Dow Jones Industrial Average is now in negative territory for the year.

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