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Business

The stock market falls ahead of Alphabet, Microsoft’s revenue




US stocks fell, prolonging losses in April, as investors digested income reports from leading companies and weighed in on concerns about inflation and the spread of Covid-19 in China.

The S&P 500 fell 2% in trading on Tuesday afternoon, a day after technology stocks led large indices up. The Dow Jones Industrial Average fell 1.8%, while the technology-heavy Nasdaq Composite lost around 2.7%, heading for the worst day since early March. Ten of the S&P 100’s 11 sectors were recently in the red, with consumer and technology stocks among the leading declines.



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