Nasdaq drops over 1% as chipmakers, megacap growth stocks slide
At 12:25 p.m. ET, the Dow Jones Industrial Average was down 174.87 points, or 0.50%, at 34,732.24, the S&P 500 was down 35.87 points, or 0.80%, at 4,469.23, and the Nasdaq Composite was down 172.92 points, or 1.24%, at 13,753.14.
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