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Tech leads Wall Street lower as Ukraine casts a shadow

Started by riky, March 25, 2014, 08:00:25 AM

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riky

Tech leads Wall Street lower as Ukraine casts a shadow

<p><a href="http://news.yahoo.com/futures-edge-hope-chinese-stimulus-113727623--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/9i9NA0DS86YawKfDyyrPqw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-03-24T152845Z_1_CBREA2N16ZZ00_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>By Angela Moon NEW YORK (Reuters) - U.S. stocks fell on Monday, with some of the market's recent best performers like technology and biotech shares leading the way down. Concerns that the crisis in Ukraine could escalate gave investors a reason to drop some of the market's biggest trading favorites. The Nasdaq fell below its 50-day moving average earlier, in a sign of weakening near-term momentum. Netflix Inc tumbled 6.7 percent to close at $378.90, with fellow Internet names Facebook Inc down 4.7 percent at $64.10 and TripAdvisor Inc down 3.9 percent at $97.58.</p><br clear="all"/>

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