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Barchart
Barchart
Rich Asplund

EXPLAINED: Weakness in big tech drags stocks lower | Vintage Vibes

The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.21%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.69%.  March E-mini S&P futures (ESH25) are down -0.38%, and March E-mini Nasdaq futures (NQH25) are down -0.93%. 

Stocks on Thursday posted moderate losses.  The weakness in megacap technology stocks Thursday weighed on the broader market.  Also, health insurance stocks retreated and was negative for the overall market after UnitedHealth Group sank more than -6% after reporting weaker-than-expected Q4 revenue. 

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