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US stock market closes lower: S&P 500 falls 1.3%, Nasdaq drops 2% as global chip sell-off hits tech stocks

US stocks closed lower as a global chip sell-off hit tech shares. The S&P 500 fell 1.3%, Nasdaq dropped 2%, while the Dow finished nearly flat.

23 Jun, 20:19 — 23 Jun, 20:19
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