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All three major indices of the US stock market closed lower, with technology stocks experiencing a significant pullback

2026-05-16 04:01:40

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According to Gate market data, U.S. stocks closed with the Dow Jones Industrial Average down 1.07%, the S&P 500 down 1.24%, and the Nasdaq Composite down 1.54%. Technology stocks generally fell, with Micron Technology down 6.62%, Intel down 6.18%, NVIDIA down 4.42%, and Tesla down 4.75%.

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U.S. stocks technology stocks market dynamics

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