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US stocks fall in early trading

Economies.com
2021-04-19 14:10PM UTC

The main US stock benchmarks fell in early trading on Monday, as investors continued to focus on the quarterly business results flow.

 

The tech sector was weighed down today amid anticipation of the results of major companies, led by Apple, Microsoft, Tesla, Amazon and Alphabet.

 

Data showed today the Chinese economy grew 18.3% during the first quarter of 2021, in line with analysts' forecasts.

 

Johns Hopkins University reported that the number of Covid-19 infections rose to over 140 million cases worldwide, with a death toll of more than 3 million cases.

 

As for stocks, Dow Jones fell 0.6% or 198 points to 34,002 as of 14:08 GMT, Nasdaq fell 0.8% or 107 points to 13,946, and S&P 500 fell 0.5% or 20 points to 4,165.

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