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A reversal in the recent rallies in technology stocks and precious metals was the main culprit in Monday’s stock market slide.
The S&P 500 was down 0.3% on a day when roughly half the stocks in the index were trading higher. The Nasdaq Composite was down 0.5%, while the Dow was down 210 points, or 0.4%.
The big losers in the S&P were Newmont, Sandisk, Albermarle, AppLovin, Freeport-McMoRan, Norwegian Cruise Line Holdings, and Tesla.