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US stock market experienced a significant decline as mega-cap tech giants, particularly Apple, and the chip sector weighed down major indexes, with the Nasdaq being most affected. The retreat was driven by poor economic data and anticipation of Jerome Powell's testimony.
WATCH: Wall Street’s main indexes dropped sharply, with Apple and chip stocks weighing heavily on the Nasdaq https://t.co/eaeg4p5644 https://t.co/N0gDLAQNgm
Wall Street’s main indexes dropped sharply, with Apple and chip stocks weighing heavily on the Nasdaq https://t.co/aJLEUDTaCr https://t.co/UUI7OEbmYr
US Market Today: Dow Jones, Nasdaq fall over 1% each ahead of Jerome Powell's testimony; Apple cracks nearly 3% https://t.co/Xrj4bjTYZw
